Russia depends on natural resources way too much. Russian economy is not diversified enough
Kenneth RogoffThe problem - at least in the United States - is not that people can't find jobs. The problem is that they're no longer finding jobs that provide them with dignity and decent social status.
Kenneth RogoffWe Americans are not about to stop borrowing as long as they give us money for nothing.
Kenneth RogoffPeople aren't looking at how they're doing, but rather at how their neighbors are doing and at their own place in society.
Kenneth Rogoff