Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 2, 2020

Created

Wed Aug 14 12:51:56 +0000 2019

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Paul Krugman @paulkrugman

These low, low rates are telling us several things: (a) private investment demand is really weak despite tax cuts (b) recession risks are pretty high (c) infrastructure! I mean, with borrowing virtually free, why not fix all those falling-down bridges? 2/ — PolitiTweet.org

Posted Aug. 14, 2019 Hibernated

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Paul Krugman @paulkrugman

As I wrote in yesterday's newsletter (to which you should subscribe!), amateurs talk about stocks, but professionals study bond markets. As of this morning the bond market is basically begging governments to borrow: the US 10-year real rate just 0.02 percent 1/ https://t.co/e44SX8Rvu7 — PolitiTweet.org

Posted Aug. 14, 2019 Hibernated

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Paul Krugman @paulkrugman

But not going to happen. One of my better takes early on was that the Trump infrastructure thing was never going to happen; sure enough, "infrastructure week" became a punchline, and now isn't even that 3/ https://t.co/alnlqhyMBf — PolitiTweet.org

Posted Aug. 14, 2019 Hibernated