Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 22, 2020

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Tue Sep 03 14:34:47 +0000 2019

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Paul Krugman @paulkrugman

The last desperate attempts to stabilize the situation involved drastic interest rate hikes and last-minute austerity — and hence a nasty slump. 5/ — PolitiTweet.org

Posted Sept. 3, 2019 Hibernated

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Paul Krugman @paulkrugman

This was doable at first bc of market honeymoon, then bc of massive IMF support. But in the end all it did was dig the hole deeper, with big rise in foreign debt and discrediting of neoliberalish reformers. 4/ — PolitiTweet.org

Posted Sept. 3, 2019 Hibernated

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Paul Krugman @paulkrugman

What's striking for those of us who've spent a long time on such crises is that this is incredibly close to the script from 1998-2001 — no convertibility law, but still similar policy mistakes, and similar enabling of those mistakes by the IMF 6/ — PolitiTweet.org

Posted Sept. 3, 2019 Hibernated