Roubini vs. Roubini

Or, saying things are bad has been very very good.

Item 1: Nouriel gives an interview on December 28th with CNBC saying housing prices can "only move down".

Item 2: Earlier this month, Nouriel bought a $5.5 million apartment in Manhattan! He got a $2.99 million dollar ARM (so I guess he made a $2.51 million down payment??)!