U.S. Recovery Not at Escape Velocity, Summers Says

Jan. 27 (Bloomberg) -- Larry Summers, Harvard University professor and former U.S. Treasury Secretary, discusses the European sovereign-debt crisis, the role of the region's central bank in containing economic decline and the U.S. economy. He speaks with Erik Schatzker on Bloomberg Television's "On the Move" from the World Economic Forum's annual meeting in Davos, Switzerland. (Source: Bloomberg)