# Prof. Nouriel Roubini shares his global economic outlook

1 Faculty News May 2, 2012 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://www.cnbc.com/id/47269214) -- 'People who believe that in five years we’re going to be energy-independent are deluding themselves. It’s going to be a 10- to 20-year story,' he said."

[Read more](http://www.cnbc.com/id/47269214)

Additional coverage appeared in [The New York Times Dealbook blog](http://dealbook.nytimes.com/2012/05/02/at-milken-feelings-of-malaise/), [CNNMoney](http://money.cnn.com/2012/05/02/markets/nouriel-roubini-iran/) and [Los Angeles Times](http://www.latimes.com/business/la-fi-clinton-milken-20120503,0,6832992.story).