. >>> nouriel roubini was one of the very few people to foresee the economic downturn, the collapse in housing prices, and the problems in the financial system. now one year later what does he see on the horizon? nouriel is chairman of rge monitor.com, and he joins us right now from nyu. nouriel, good to have you on the program. >> pleasure being with you. >> let's talk about where we are in the economy. i've heard you talk about the possibility of a double-dip recession. i know that's not what you're forecasting necessarily 100%, but you see a possibility there. how would you characterize the economy right now? >> well, we're close to the end of this recession, so the economy is bottoming out and will start to recover in the third or fourth quarter, but the key issue is not whether we'll have economic growth, but whether the recovery will be sustained towards potential growth rapidly or is going to be more dynamic for a while, and i see the main thing now is this u-shaped slow recovery rather than a v-shaped rapid recovery for potential growth because we still have the financial imbal

nouriel roubini saw it coming.om sees on the horizon. >>> gm rolls out a new incentive. >> if you're not 100% happy, return it. we'll take it back. >> the satisfaction guarantee program. as "squawk box" begins right now. >>> welcome back to cnbc first in business worldwide. i'm joe kernen along with cart quint. becky is on assignment. we'll see a lot of that. >> we are. she's out west. she's on the program later in the week. >> leave it at that. people are going to want to see where she is. help our viewership. >> we miss her. >> where in the world, former ceo of lehman. we look back at the demise a year ago. you're here, you're going to do the top story. >> i got tired of going there and getting all that grief. >> it's not as dramatic from here. see what you can do. >> a report out of london deutsche telecom, nextel, london telegraph says deutsche called in bankers and could submit a bid in the next few weeks. >>> looking to cut the deal from elan. developing drugs will remain unchanged. they want to reduce the $1

my guest next week nouriel roubini who said we could be faced with a double-dip recession.st saw the economic implosion comingk and he will tell us what he sees coming next. each week keep it right here where wall street meets main street. have a great week, everybody. i will see you again next weekend.

nouriel roubini, they have been meeting with them trying to get a feel for what's going on. >> who made>> 20th century fox. >> great. so i wonder -- >> right. >> it was a troubled production. it was on for a while. they couldn't get all the players together, the turnaround, then back on track. they start shooting this week in new york and there are already signs on my block saying please don't park here on thursday. >> a lot of people we meet will be the voice. >> michael moore's "cooperaapit a love story" coming out. >>> the dean of columbia business, seen it all, everything going on in markets and global economy, served as chairman of the council of economic advisors. anyway, this is "squawk box" on cnbc, first in business worldwide. ed. at northern trust, our sophisticated technology... puts the most accurate information at your fingertips. so while you may find yourself waiting now and then, it won't be for the numbers you wanted by 7am. ♪ northern trust. wealth management. asset management. asset servicing. why is dick butkus here? i hired him to speak. a lot of fortune 500 compani