<em>Economist</em> On US Financial Crisis: (Much) More To Come

On US Financial Crisis: (Much) More To Come

CARMEN REINHART and Kenneth Rogoff have assembled an impressive collection of data and analyses of financial crises through the ages. Their work has shown that the path of America's subprime crisis has been eerily similar to that of other crises. Looking forward, they have some sobering details for what to expect next.

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