Sat 2009-01-03 00:00 EST
naked capitalism: Past Financial Crises Suggest Pain Far From Over
Economists Carmen Reinhart and Kenneth Rogoff show historical financial crises more severe and protracted than ordinary recessions
Kenneth Rogoff show historical financial crises (1); long-run historical financial crises (1).
Tue 2008-07-08 00:00 EDT
Carmen Reinhart, Kenneth Rogoff; long-run historical financial crises; major capital inflows are highly correlated with near-term debt crises; Yves: "we are in the same position as Thailand and Indonesia, circa 1996, except we have the reserve currency and nukes"