Ken Rogoff on Debt Super Cycle

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Subject:	Ken Rogoff: "We Are In the MIDDLE of the Debt Super Cycle"
Date:	Wed, 20 Jan 2016 07:58:17 -0800
From:	Jas Jain

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Ken Rogoff: "We Are In the MIDDLE of the Debt Super Cycle"

He was being interviewed by Bloomberg in Davos.

He said that it started in the US, then moved to Europe and then to the emerging markets. I fully agree and it can only end in a global deflationary depression. Of course, China is the mother of the debt bubble right now. Rogoff said that he is very worried about China. For the past two years, my time window for the global depression to begin has been 2016-18.

It is the debt, stupid!

Jas