Video: Harvard's Kenneth Rogoff
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Text below is from the youtube page for the Carnegie Council:
All countries go through a series of debt defaults during the emerging market stage, says Rogoff. Although it's something they eventually tend to graduate from, rich countries never graduate from banking crises.
This talk took place at the Carnegie Council on October 23, 2009. For complete video, audio, and transcript, go to:
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(Screenshot...video is above...don't click unless you're coming from our daily email)
