Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 11, 2022

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Sat Sep 10 14:09:29 +0000 2022

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Paul Krugman @paulkrugman

It turns out that the Bundesbank has a survey that looks similar in design to NY Fed. And it looks much grimmer! 4/ https://t.co/wBgsjOD7RA https://t.co/FMRUDLN5bK — PolitiTweet.org

Posted Sept. 10, 2022

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Paul Krugman @paulkrugman

The conventional wisdom has been that Europe is fundamentally in better shape — not overheated, so it was just transitory energy prices. But of course the energy price shock is now off the charts. And should we worry about expectations? 3/ — PolitiTweet.org

Posted Sept. 10, 2022

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Paul Krugman @paulkrugman

Is this just extrapolating from current energy prices? Does it matter that the survey is of Germans, who learn in school about 1923 but not the Bruening deflation? Or is Europe really getting unanchored in a way America isn't? 5/ — PolitiTweet.org

Posted Sept. 10, 2022