Paul Krugman

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Last Checked March 23, 2019

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Sat Apr 08 13:26:57 +0000 2017

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Paul Krugman @paulkrugman

Dow 36K assumed that buying the Dow means buying a fixed share of future corporate profits forever. But companies rise and fall 2/ — PolitiTweet.org

Posted April 8, 2017 Hibernated

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Paul Krugman @paulkrugman

Good summary from Brad here, but he misses one more thing that should push the number down even further https://t.co/t2R94lGWHS — PolitiTweet.org

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Paul Krugman @paulkrugman

If you bought the Dow in 1970, you weren't getting a share of Apple's future profits! So there are multiple levels of nonsense 3/ — PolitiTweet.org