# Professor Nouriel Roubini believes China's high savings rate may signal a forthcoming crisis

1 Faculty News October 24, 2016 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2016/10/25/business/dealbook/as-europe-and-asia-hoard-cash-economists-see-echoes-of-crisis.html?_r=0) -- "'This is a big problem,' said [Nouriel Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini), an economist at New York University who was recognized for his early warnings about the 2008 crisis. 'There is no way to force those who are oversaving to spend more.'"

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