Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 16, 2022

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Sat Sep 24 16:57:28 +0000 2022

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Paul Krugman @paulkrugman

That crisis was clearly a budget/sovereign debt crisis manifesting itself in the currency market; reading histories of the time, it was all about public borrowing and fears thereof 3/ — PolitiTweet.org

Posted Sept. 24, 2022

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Paul Krugman @paulkrugman

But, people ask, what about 1976? Suddenly an old crisis has relevance today. And understanding 1976 is harder than may seem obvious at first glance. 2/ — PolitiTweet.org

Posted Sept. 24, 2022

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Paul Krugman @paulkrugman

But while the deficit was indeed large, we've become accustomed to bigger temporary deficits in the years since, all without financial crises 4/ https://t.co/rYIc3a6lAi — PolitiTweet.org

Posted Sept. 24, 2022