Rogoff Interview on Global Financial Markets

Rogoff Interview on Global Financial Markets
about the latest economic data and the second recession:
slow recovery – it's a matter of how expectations compare with reality.
if you've seen V-shaped recovery, you must be disenchanted. if not, then no. this moment – is not more than (till) returning from the clouds to earth. there is no regular cyclical recovery after financial crises. certainly, another recession – it is possible, but this is not a basic scenario.