Nouriel Roubini Sees 'Eventual' Economic, Financial Crash

The video discusses the potential threats posed by rising interest rates, comparing current rates to historical highs. It highlights the increased debt burden today compared to the past, emphasizing the economic challenges this presents. The discussion includes the stagflation of the 1970s and the current high debt ratios, which are significantly higher than during the Global Financial Crisis. The video concludes with the challenges of maintaining price stability, economic growth, and financial stability simultaneously, suggesting an impending economic and financial crash.

Explain the trilemma mentioned in relation to economic stability.

What are the potential consequences of the current economic and financial instability?