Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 25, 2020

Created

Tue Aug 06 17:12:26 +0000 2019

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Paul Krugman @paulkrugman

China has shown itself very capable of providing fiscal and monetary stimulus when it wants, even if there are some troubling long-run consequences. So it can easily — easily — offset the negative demand effect of Trump's trade war 3/ — PolitiTweet.org

Posted Aug. 6, 2019 Hibernated

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Paul Krugman @paulkrugman

Worth keeping some numbers in mind. Chinese exports to the US ~ 4% of GDP. Because they contain a lot of imported content, value-added in these exports not much more than 2% of Chinese GDP. 2/ — PolitiTweet.org

Posted Aug. 6, 2019 Hibernated

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Paul Krugman @paulkrugman

Some sectors and regions will be hit hard, but Xi doesn't need to win the electoral college. Trump's confidence that he can "win" a trade war basically rests on ignorance and innumeracy 4/ — PolitiTweet.org

Posted Aug. 6, 2019 Hibernated