Sunday, February 8, 2009

Rogoff on Financial Crises

Ken Rogoff is another guy on everyone’s medium-list for a Nobel Prize in economics.

In the February 3 issue of The Wall Street Journal he had an op-ed piece entitled “What Other Financial Crises Tell Us”.

His basic point is that so far our crisis looks like a whole bunch of other countries’ crises – and so we have a ways to go (9 months to a a couple of years) before things start brightening up.

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