What If I Were Dr. Doom?

Nouriel Roubini says the market will fall another 20-25%, and advocates a bailout for U.S. automakers.  In fact, while he recognizes a line-drawing problem, he seems to favor a bailout for any firm that involves “systemic” risk.

I wonder: If I had correctly predicted the stock market crash, if I were “Dr. Doom,” would people be listening to my policy advice to let the free market work out its own solution?

The post appeared first on Econlib.