Nouriel Roubini is the prominent economist and chief economist at Roubini Macro Associated. He stated Wednesday that a Credit Suisse collapse would be similar to a “Lehman Brothers” moment. Credit Suisse’s stock dropped more than 20% to a new record low. Roubini also said that the problem with Credit Suisse was that it could not fail, but that it could also be too large to be saved. Roubini cited the smaller capacity of Switzerland. Credit Suisse’s bonds would be converted into equity under Swiss law in a “bailin” process. Short-term bonds, TIPS and gold are safe investments.