Paul Krugman

@paulkrugman ↗

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Last Checked April 16, 2021

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Sun Mar 29 13:18:43 +0000 2020

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Paul Krugman @paulkrugman

In many ways the coronacession is very different from earlier slumps. Still, as Adam Tooze says, "much of what’s happening in financial markets today seems incredibly familiar to anyone who spent a lot of time in the 2007-’08 story and its aftermath." 1/ https://t.co/ktMdCGOIWU — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

The thing is, there really is a sort of uniquely American way of death, rooted in extreme inequality, a weak social safety net, anti-intellectualism, tendency to blame all problems on The Other, etc. And now it's being laid bare for all to see 3/ — PolitiTweet.org

Posted March 29, 2020 Hibernated

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Paul Krugman @paulkrugman

And as in the 2008 crisis, my inbox is full of people warning that the Fed's efforts to stabilize markets amount to massive money-printing and will lead to runaway inflation; also that budget deficits will bankrupt us. So a bit of wonkery on why that's all wrong 2/ — PolitiTweet.org

Posted March 29, 2020 Hibernated