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Ken Rogoff says it's good that things in the US are this bad

Jame DiBiasio
The US economy is headed for slow growth rather than a double-dip recession, while the euro will likely endure and China can’t escape the business cycle, says the Harvard professor.
Ken Rogoff says it's good that things in the US are this bad

The US economy is exhibiting the signs that typify the aftermath of a severe financial crisis, with housing prices likely to fall yet further and no immediate sign of easing unemployment.

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