Carmen Reinhart and Kenneth Rogoff, who wrote the book on the most recent financial crisis – “This Time is Different” – released a white paper Sunday reviewing the economy since the financial crisis.
And overall, they had positive things to say about the U.S.
“According to our (2009) metrics, the aftermath of the US financial crisis has been quite typical of post-war systemic financial crises around the globe,” they wrote. “If one really wants to focus just on United States systemic financial crises, then the recent recovery looks positively brisk.”