Nouriel Roubini, a professor at New York University who as far back as 2006 predicted a U.S. economic collapse triggered by a housing bubble, said in an interview that the financial crisis has shown that "different countries grow in different ways, and nobody has the monopoly on that type of wisdom." While he does not expect any immediate change in the international monetary system, he said, in five to 10 years "the Chinese currency could be the new reserve currency."