Epstein Secrets

02686137 Monique F. Leroux Aharon Leshno-Yaar Rich Lesser Peter Levene Richard C. Levin Alison Le

Robin Luiz Rocha Darius Rochebin Edward B. Rock Christopher Rodrigues Carlos Rodriguez-Pastor James E. Rogers Jim Rogers John F. W. Rogers Kenneth Rogoff Urs Rohner James E. Rohr Michel Rollier Guy Rolnik David Roman Augustin Romanet de Beaune Marvin F. Romanow Kasper Rorsted John Rosanvallon

AN is born free but is everywhere in debt. In the rich world, getting hold of your first credit card is

ure on items such as unemployment benefits. The hawks counter that there comes a point when further deficits are self-defeating. Carmen Reinhart and Kenneth Rogoff suggest that the crunch arrives when the debt-to-GDP ratio reaches around 60% in emerging markets and 90% in developed economies. In rich countries

ummary; and 460 PowerPoint slides containing data-rich observations. There’s a lot of material — think o

enue sufficient to support entitlement spending + interest payments until ZOG0E — 35 years later than current projection. Note: *Carmen Reinhart and Kenneth Rogoff observed from 3,700 historical annual data points from 44 countries that the relationship between government debt and real GDP growth is weak for de

Centuries of Financial Folly, Carmen Reinhart and Kenneth Rogoff use historical data from 66 countries between 181

ctor Matheus Dibo Vice President Mary Catherine Rich Vice President This material represents the view

Department of Economics, Harvard University, v. November 9, 2009 Economics 1545: International Financial and Macroeconomic Policy Professor Kenneth Rogoff Time and Place: Fall 2009; M, W, 1—2:30 pm., Sever Hall 203 Office Hours: Littauer Center 216. Mondays 3-4 PM, or by appointment Email: SE (V8. Whe

rt E. Lucas, 1988, “Why Doesn’t Capital Flow from Rich to Poor Countries,” American Economic Review, May