Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 18, 2020

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Fri Nov 20 14:04:58 +0000 2020

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Paul Krugman @paulkrugman

Fed intervention, and even more important, the promise of more intervention if needed, calmed the markets. But it could happen again — after all, we seem headed for a virus outbreak worse than in the spring 3/ https://t.co/0HeheqrtOC — PolitiTweet.org

Posted Nov. 20, 2020

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Paul Krugman @paulkrugman

One of the great fears when the scope of the pandemic became apparent was that it would metastasize into a financial crisis too — and in fact it started to, with 2008-type surges in yield spreads 2/ https://t.co/1tddGGCCeR — PolitiTweet.org

Posted Nov. 20, 2020

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Paul Krugman @paulkrugman

So it makes no sense to yank away the financial safety net — unless you're trying to set up the next president for disaster 4/ — PolitiTweet.org

Posted Nov. 20, 2020