Rogoff on CNN

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>   (email exchange)
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>   On Jun 2, 2011, Pavlina wrote:
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>   Talk about not-so-innocent fraud, Rogoff on CNNs Fareed Zakaria GPS on right now:

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“You can’t really say the US can never pay its debts, since so much depends on politics and willingness to pay, but the debt to GDP ratio is so high that it will be difficult to dig ourselves out of this hole.”

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>   Hmmm? I don’t remember seeing the “politics and willingness to pay” argument in their book.
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