Nouriel Roubini Predicts Tech-Driven U.S. Growth to Sustain Global Leadership

Renowned economist Nouriel Roubini, often dubbed the Dr. Doom, argues that after a shallow growth cooldown the United States could mount a technology‑driven capital expenditure expansion that sustains its global leadership. He stresses that market discipline, credible advisers, and the Fed’s independence are essential buffers against policy excesses.

Roubini counters the idea of an imminent stock‑market bubble, saying the medium‑term trajectory remains constructive as policy remains disciplined and fundamentals improve. He notes that accelerated GDP growth could lift real yields, while a sizeable productivity shock may dampen inflation over time through lower production costs.

In his framework, the surge in technology‑driven capex could offset external pressures via dynamic capital inflows into USD‑denominated assets, keeping the external debt profile manageable. For crypto markets, a credible macro backdrop and stable inflation path may still support greater institutional interest in digital assets as risk‑hedging and portfolio diversification.