Roubini Highlights Japan’s Abe Comments on 2014 Being like 1914

With many parts of the world gearing up to commemorate the one hundredth anniversary of the start of the First World War, Nouriel Roubini has solidified his hold on the title “Dr. Doom” by suggesting parallels between 2014 and 1914.

While Roubini is renowned for his bubble warnings and doom scenarios, his concerns weren’t drawn out of thin air, but rather taken mainly from the lips of Japanese Prime Minister Shinzo Abe.

According to reports from both The Financial Times and BBC, Abe said on Wednesday that China and Japan were in a “similar situation” to that of Britain and Germany ahead of World War One.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza