Ken Rogoff and Carmen Reinhart have written a book titled ‘This Time is Different – Eight Centuries of Financial Folly’ about financial crises and debt bubbles that will considered a classic. It will be required reading in financial circles for years to come. The only problem is that it is 292 pages of deep analytical work and takes a commitment to get through. If you are so inclined to read it, you will not be disappointed. If not, take a moment to read the following interview. It will provide you the high level review of their thoughts and will certainly give you a perspective on our slow recovery from our most recent crisis.
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