Harvard Prof., Fmr. IMF Economist Rogoff: Bank Issues Not Fixed 'at All' and Things Will 'Break' Due to High Inflation, Slow China Growth

On Thursday's broadcast of CNBC's "Squawk Box," Harvard University Economics Professor and former International Monetary Fund Chief Economist Ken Rogoff argued that the issues around banks have not been fixed "at all" because in a world with higher inflation and interest rates and poor growth in China, "we're in a situation where things are going to break." He also argued that it's "surprising something hasn't happened earlier."