Thinking About Ken Rogoff: Overleverage, Secular Stagnation, Savings Glut, Impaired Financial Trust

Ken Rogoff–of whom my standard line is: everything he says is very interesting, and almost everything he says is completely correct–is weighing in: on secular stagnation, the global savings glut, the safe-asset shortage, the balance-sheet recession, whatever you want to call it.   His view is that excessive debt issue and overleverage are at the … Continue reading Thinking About Ken Rogoff: Overleverage, Secular Stagnation, Savings Glut, Impaired Financial Trust