Via Richard Fernandez,
Kenneth Rogoff, Harvard economics professor and former chief economist of the International Monetary Fund, describing long the current crisis will last (4 to 5 years), what the G-20 will achieve (nothing) and what needs to be done next. He is interviewed by David Brancaccio, who never quite seems to get the answer he hopes for from the professor.
Rogoff is a particularly bright man: among other things, a chess grandmaster and, at one point, a contender for the world championship. It’s well to listen to him.
Wow! I didn’t know about the chess, Francis.