Reinhart: Get Set for Seven Years of High Unemployment

Thursday, 02 Sep 2010 08:18 AM
By: Dan Weil

Get ready for seven years of weak economic growth and high unemployment, says University of Maryland economist Carmen Reinhart, an expert on financial crises.

“Whether one looks at advanced economies or a whole sample that includes emerging markets, the picture is one of lower growth during the decade that follows the crisis,â€