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'Dr. Doom' Nouriel Roubini: Credit crunch will tip U.S. into recession

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'Dr. Doom' is at it again. The man credited with predicting 2007's credit crash and subsequent great financial crisis says "the worst is still ahead of us."

The famed economist says even before the banking turmoil arose, the Fed was facing a dilemma balancing both price stability and growth. Now, he says, it looks more like a "trilemma" and that "central banks are in a trap".

Above, Yahoo! Finance's Rachelle Akuffo spoke to Roubini. Watch the full interview here. Key video moments:

00:00:00 - "The worst is still ahead of us"

00:00:17 - "They have exposure to commercial real estate"

00:00:46 - "This credit crunch is gonna reduce significantly economic growth"

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