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The Guardian - UK
The Guardian - UK
Comment
Nouriel Roubini

I predicted the 2008 crash – these are the global ‘megathreats’ I can see now

The Pakistan Stock Exchange (PSX) in Karachi, 4 November 2022.
The Pakistan Stock Exchange (PSX) in Karachi, 4 November 2022. Photograph: Rehan Khan/EPA

In the coming decades, the world faces megathreats that would imperil not just our global economy and financial assets, but also put at risk peace and prosperity.

In our partisan political world, where we kick the can down the road – we are biased towards short-term planning and leave thinking about the future to others – these threats are something different. Left to grow, they will make life worse for people across the world. It is essential for the public good that these threats are not ignored by our leaders, but are acknowledged, taken seriously and countered – fast.

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