Austerity, China, the housing market, and the Middle East: Four reasons to stay gloomy about the economy. – Slate Magazine Austerity, China, the housing market, and the Middle East: Four reasons to stay gloomy about the economy. – Slate Magazine A must read article by Nouriel Roubini. By Stable Genius I am the very model of a Stable Genius Liberal. View all of Stable Genius's posts.