Nouriel Roubini, the economist better known as Dr Doom, says he expects the trade war between the US and China to get worse before it gets better.
According to foreign media, the policy expert, who in 2006 correctly predicted the financial crisis, spoke at the Delphi Economic Forum in Greece, hours after Trump pressed the pause button on his trade war with everyone but Beijing.
"I'm afraid that even if they sit down and try to negotiate... with China it's a bigger mess and it's very likely, right now, that we're escalating instead of de-escalating," he said, according to A2 CNN.
Roubini added that China is concerned that the US "is ready to destroy it" both economically and militarily.
"Therefore," he adds, "for now this game between the US and China will continue, the question is who will turn a blind eye, if they can sit down and find a great bargain."
Despite this, Roubini said he still thought a U.S. recession was avoidable.
"They call me Dr. Doom, but I've always been a contrarian. Wall Street has predicted a recession, but I actually think it's avoidable. I might as well be Dr. Boom." (A2 Televizion)
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