Roubini predicts significant damage to UK economy in case of Brexit
US economist notoriously predicted the 2008 stock market crash
- Series of tweets released by Roubini outline his gloomy thought of UK's economic future
- Dozens of economists have warned that Brexit would severely harm economic prospects
Updated : 11:54
Nouriel Roubini, the United States economist who predicted the 2008 stock market crash, has once again forecast a gloomy future, this time for Britain's economy if this Thursday's referendum were to vote in favour of leaving the European Union.
8 years ago the global financial crisis shocked the world, with the Iranian-born expert one of the few who had predicted a sharp decrease and subsequent recession. He has thus been given the nickname "Dr.Doom".
A series of tweets released by Mr. Roubini today warned against leaving the EU bloc, as it "may risk a sharp currency fall and a sudden stop of capital".
The country's current account deficit hit a record £32.7 billion ($48.1 billion) in the last quarter of 2016, according to the U.K.'s Office for National Statistics.
Roubini joined the masses of respected economists and financial experts warning of the dangers of a Brexit, as polls suggest a close finish in Thursday's vote.
Those in the Leave camp have dismissed the claims from economists about the danger to the economy, saying instead that with its own autonomy the state would flourish.