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all leading to a deep recession. in his new book, he offers several proposals for re our own financial system. he lays out a plan to control the risky behavior of the too big to fail financial firms. he describes how compensation reform is a must for bankers and traders. crisis economics examines not only how and why we entered this downturn but how we can foresee and avoid a future economic disaster. joining me now is the author of crisis economics, a crash course in the future of finance, nouriel roubini. i've been trying to get you on this show for years, welcome. >> it is such a pleasure. >> sean: dr. doom, do you like your nickname? >> it is a cute one. i prefer to be called dr. real list. you have to be right. >> sean: the bottom line is that you were one of the few to accurately predict the current global economic

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