The Diggers and Dealers Mining Forum has has secured Professor Nouriel Roubini as the key note presenter at the 2009 mining forum to be held in Kalgoorlie in August 2009.
According to Diggers and Dealers organisers, Professor Roubini is recognised as one of the leading economic commentators in the world and recently was a significant participant at the Davos Economic Forum in Switzerland.
In September 2006 Professor Roubini announced to a sceptical International Monetary Fund (IMF) that an economic crisis was brewing.
He warned that in the coming years the United States was likely to face a once in a lifetime housing bust, an oil shock, sharply declining consumer confidence and, ultimately, a deep recession.
He accurately foresaw homeowners defaulting on mortgages, trillions of dollars of mortgage backed securities unravelling worldwide and the global financial system shuddering to a halt.
He was labelled ‘Dr Doom’ for his then ‘pessimistic view on the world economy’.
According to organizers, he is now recognised as a sage, and in 2009 Prospect Magazine voted him number two on the list of the world’s greatest living public intellectuals.
Diggers and Dealers Chairman Barry Eldridge said the inclusion of Professor Roubini at the mining forum reflects the commitment of Diggers and Dealers to maintain the premium quality of the forum and an ongoing commitment to leadership in providing the best access to relevant information for all attendees.
“We are in unchartered waters and obtaining first hand insight from a professional such as Professor Roubini, who is working with world leaders and has a unique understanding of where the world economy is, should be of vital importance to anyone who has an ongoing involvement in the resources or general investment industry,” Eldridge said.
Diggers and Dealers has secured an exclusive commitment from Professor Roubini and Diggers and Dealers will be his only public appearance while in Australia.
Eldridge confirmed that registrations for the 2009 Diggers and Dealers mining forum remains high, with 400 positions remaining.