Paul Krugman

@paulkrugman ↗

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Last Checked Dec. 18, 2020

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Sat Nov 21 12:27:30 +0000 2020

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Paul Krugman @paulkrugman

When I think about these programs, my main analogy is the eurozone crisis of 2011-13 — a crisis that was resolved by a promise to lend if necessary, even though no actual lending took place 2/ — PolitiTweet.org

Posted Nov. 21, 2020

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Paul Krugman @paulkrugman

A wonkish thread on how destructive Mnuchin's decision to terminate emergency lending programs could be, even though those programs have been lightly used so far. 1/ https://t.co/7ZTIZpSHLh — PolitiTweet.org

Posted Nov. 21, 2020

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Paul Krugman @paulkrugman

At the time, borrowing costs for southern European nations were soaring, and default seemed imminent. But the Belgian economist Paul De Grauwe argued that solvency wasn't really the issue 3/ https://t.co/fkR6Ma9u6M — PolitiTweet.org

Posted Nov. 21, 2020