Roubini-Cramer: Two of the Financial World’s Biggest Egos Against Each Other

A tense feud has broken out between the outspoken tele­vision stockpicker Jim Cramer and the notoriously gloomy economist Nouriel Roubini.

Roubini, a New York University professor who famously forecast a dire world recession as far back as 2006, has taken exception to remarks on a blog by Cramer that he is “intoxicated” with his own “prescience and vision” and is refusing to see green shoots of recovery in the financial markets.

“Cramer is a buffoon,” said Roubini. “He was one of those who called six times in a row for this bear market rally to be a bull market rally and he got it wrong.”

The confrontation pits two of the financial world’s biggest egos against each other.

“After all this mess and Jon Stewart, he should just shut up because he has no shame,” Roubini said.

But Cramer has continued to attack… recently referring to Roubini and the Nobel prize-winning economist Paul Krugman as part of a “nationalisation jihad” for their advocacy of public intervention in the financial sector. [via guardian]

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