Roubini doom scenario: It looks like 1914 again. With many parts of the world gearing up to commemorate the one hundredth anniversary of the start of the First World War, Nouriel Roubini has solidified his hold on the title "Dr. Doom" by suggesting parallels between 2014 and 1914. There may be no Austro-Hungarian empire or Archduke Franz Ferdinand, but Roubini tweeted this from the World Economic Forum (WEF) in Davos today: Tweet one: #wef14 many speakers compare 2014 to 1914 when WWI broke out & no one expected it. A black swan in the form of a war between China & Japan? — Nouriel Roubini (@Nouriel) January 23, 2014 He then tweeted some of the reasoning behind this train of thought. Tweet two: #wef14 Echoes of 1914: backlash against globalization, gilded age of inequality, rising geopolitical tensions, ignoring tail risks— Nouriel Roubini (@Nouriel) January 23, 2014 (Read more: Timeline of latest flare-up in China-Japan tensions ) Abe himself is a hawk.
(Read more: Japan's PM issues veiled threat to China over arms race ) YouTube. The Great War. Trenchrats. Europe_1914.jpg 1,200×928 pixels. History: World War One.