Jeffrey Frankel, a professor at Harvard University and member of the U.S. panel that determines when economic recessions and expansions begin, talks from Cambridge, Massachusetts, about the outlook for the U.S. economy and China’s $586 billion economic stimulus package.
00:00 U.S. recession outlook, “bleak” prospects
03:01 China’s rescue program and economy
Running time 05:16
Harvard’s Frankel Sees China Plan Helping Global Economy: Video
Bloomberg November 10, 2008 15:45 EST