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
historical Financial crises (2); 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"