Anyone following Nouriel Roubini through his time during the Asian Currency crisis over a decade ago* must be aware of the similarities between that and the one we are currently experiencing. Roubini has been interviewed recently and shared his thoughts: "The U.S. has been living in excessive spending for too long. The consumer was spending more than their earnings, and the nation spent more money than it earned which led to huge current-account deficits. We now have to cut our spending as…