Doctor Doom's rare optimism: US stock market won't collapse, technology will make the US' reverse fate ' According to BlockBeats, on November 27th, for nearly two decades, renowned economist Nouriel Roubini has been nicknamed the "Dr. Doom". This economist believes that after a brief period of cooling growth, there will be a strong rebound driven by technology and capital expenditures, which will enable the United States to maintain its leading position in the world. He pointed out that firstly, market discipline, rational advisors, and the independence of the Federal Reserve provided protection for the worst policies after Liberation Day. Due to the rapid and significant market adjustment that followed, Trump had to make concessions and instead negotiate a more reasonable trade agreement. The prevailing view that the US stock market is in a huge foam and is doomed to collapse is incorrect in the medium term. Roubini pointed out that accelerated GDP growth may lead to an increase in real bond yields, but a huge positive aggregate supply shock driven by technology may bring inflation to near zero levels over time, as the production costs of goods and services sharply decrease while productivity growth increases. Therefore, in the long run, the net impact on nominal bond yields may offset each other. He believes that even the United States' external debt is sustainable, as the larger current account deficit caused by the surge in technology driven capital expenditures will be compensated for through capital inflows into US dollar assets. At that time, the United States will look like an emerging market economy, with a boom in natural resources or productivity leading to an investment boom. (Golden Ten)