Top Economist Nouriel Roubini Tells Liz Claman on FBN “The Worst Is Yet to Come” in US Banking Crisis

Earlier this month well-known American economist Nouriel Roubini announced that most American banks are on the verge of insolvency, and hundreds are already completely bankrupt.

Roubini added, “U.S. banks’ unrealized losses actually amount to $1.75 trillion, or 80% of their capital.”

EXCLUSIVE: @Nouriel Roubini to @ClamanCountdown: the regional banking crisis is hardly over, and "The worst is yet to come" and that the big banks "will realize depositors are looking to park their money in much higher yielding money markets." $FRC $SCHW

— Liz Claman (@LizClaman) April 10, 2023