Paul Krugman

@paulkrugman ↗

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Last Checked March 17, 2022

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Fri Feb 11 16:34:22 +0000 2022

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Paul Krugman @paulkrugman

So, trucking demonstrations have shut down part of US-Canada trade, which was $1.5 billion a day in 2021 and largely moved by truck 4/ https://t.co/lrNw1OIDhk — PolitiTweet.org

Posted Feb. 11, 2022

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Paul Krugman @paulkrugman

Insurers put losses at ~$2 billion, which is 0.01% of GDP but not nothing; maybe additional losses from property damage not covered by insurance and disruption of business 3/ https://t.co/G7aEG6dT6K — PolitiTweet.org

Posted Feb. 11, 2022

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Paul Krugman @paulkrugman

I don't yet have a number on how much of that trade has been blocked. Also, since the stuff on trucks doesn't disappear, blocked trade ≠ overall economic losses. On the other hand, some disruption of production for lack of parts 5/ https://t.co/D3mfll6MNG — PolitiTweet.org

Posted Feb. 11, 2022