Paul Krugman

@paulkrugman ↗

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Last Checked Feb. 23, 2022

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Wed Jan 26 13:26:40 +0000 2022

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Paul Krugman @paulkrugman

And there surely isn't enough leveraged buying of crypto to create 2008-type financial stability risks, although things aren't great for holders of El Salvador bonds 7/ — PolitiTweet.org

Posted Jan. 26, 2022

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Paul Krugman @paulkrugman

By contrast, residential investment peaked at almost 7% of GDP and fell by more than 4% 6/ https://t.co/PDSNM4BV7l — PolitiTweet.org

Posted Jan. 26, 2022

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Paul Krugman @paulkrugman

So crypto isn't posing macro risks comparable to 00s subprime. But there are some micro parallels, and they aren't pretty. More eventually 8/ — PolitiTweet.org

Posted Jan. 26, 2022