[lbo-talk] IMF warns the US

[Brad DeLong]

>The IMF's chief economist Kenneth Rogoff said that it was just a matter of
>time before the gap closed, tipping the dollar into a potentially steep
>fall.
>
>"If we were looking at a poor developing country, the world gives them
>just enough rope to hang themselves. A country like the United States,
>they give them enough rope to tie the noose around their neck several
>times. But it does happen in the end," he said.

Rogoff seems to be having a very good time...

Brad DeLong