Lawmakers need to stop "kicking the can down the road" and attack the massive national deficit from both the spending and revenue sides, celebrity economist Nouriel Roubini told CNNMoney's Poppy Harlow in an exclusive interview Tuesday.
The economy is in trouble and fear rules Wall Street. No wonder. Banks and other financial companies are posting huge losses. The Federal Reserve has had to engineer a rescue of investment bank Bear Stearns. Home prices are sinking.