Home » Economy » NYU's 'Dr. Doom' says New Yorkers who moved to Florida, Texas, says states won't 'survive' climate change
NYU's 'Dr. Doom' says New Yorkers who moved to Florida, Texas, says states won't 'survive' climate change
NYU’s ‘Dr. Doom’ says US is ‘heading towards a recession’
NYU economist ‘Dr. Doom’ Nouriel Roubini said on Saturday that the U.S. is heading toward a recession by the end of 2022 or the beginning of 2023.
The New York University economist who's dubbed "Dr. Doom" for predicting the 2008 financial crisis is criticizing New Yorkers who "stupidly" moved to states like Texas or Florida because of the impact of climate change.
Nouriel Roubini, CEO of Roubini Macro Associates and New York University economics professor, made the comments on Bloomberg's "Odd Lots" podcast.
"A lot of real estate is going to be stranded because of global climate change," Roubini said. "People have stupidly moved from New York to Miami, and from San Francisco to Austin, but Florida is going to be flooded and Texas is going to be too hot to survive there."
Roubini said there are maps that show "half" of the United States underwater or under extreme heat.
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