university his new book occupied economy challenging capitalism hits shelves in the next few months mr roth thank you very much for sitting down to speak with me thank you very much for giving me the opportunity to years ago you said that the crisis would take not just a few years but much longer to overcome it is a common belief that the so-called fight handle crisis is basically but over the one that started in two thousand and eight so where do you think the u.s. economy is right now i think the way to answer that question is to recognize that this crisis is a crisis of the entire global system and where it is extremely. there at one moment it will be relatively easier at another as the symptoms move around for example the united states was in much worse shape in the first two years two thousand and eight and two thousand and nine compared to europe two years later the years two thousand and ten and two thousand and eleven reverse the united states is not the extreme problem europe is and the financial crisis that we talk about is as severe today in europe as it ever was in the unit