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Paul Krugman @paulkrugman
RT @JustinWolfers: Do words mean anything any more? “Mnuchin had warned in June that China could be designated a currency manipulator if i… — PolitiTweet.org
Paul Krugman @paulkrugman
Yowza. This is escalating fast. It seems almost besides the point to say that in this cast the US is actually on the wrong side. China *was* a currency manipulator back in 2010-11. But at this point if anything it's keeping the renminbi artificially high https://t.co/AiL7ewEXUz — PolitiTweet.org
Paul Krugman @paulkrugman
When you exploit racism to achieve economic goals, you eventually end up enabling violence https://t.co/7FJQjdQMAF — PolitiTweet.org
Paul Krugman @paulkrugman
I thought it was just snowflake coastal elites who thought all flyover cities were the same — PolitiTweet.org
Andrew Feinberg @AndrewFeinberg
Holy Toledo, it wasn’t even on the TelePrompTer. https://t.co/vviFo7vqMw
Paul Krugman @paulkrugman
What I just said. — PolitiTweet.org
Tony Fratto @TonyFratto
Kyle Bass making the accurate point that seems to be lost on some people that the Chinese aren't driving the RMB do… https://t.co/wlePTBtJc3
Paul Krugman @paulkrugman
Of course these market reactions themselves have real consequences. Recession chances are definitely higher, in part thanks to self-fulfilling prophecy 3/ — PolitiTweet.org
Paul Krugman @paulkrugman
"It is, I suspect, the greater risk of catastrophic medium-run outcomes, rather than the proximate impact of trade conflicts, that is driving the outsize market reactions to trade negotiation news." Basically investors are starting to sense that Trump and Xi are out of control 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
The trade news has been bad. But 3% decline in stocks, worst yield curve inversion in a very long time, bad? Larry Summers actually had a perceptive piece arguing that markets are taking trade policy as a signal of potentially much worse conflict 1/ https://t.co/Yhyy54giTh — PolitiTweet.org
Paul Krugman @paulkrugman
Ahem. 2/ https://t.co/sX3QsdMV8z — PolitiTweet.org
Paul Krugman @paulkrugman
You might even call it a quagmire 1/ https://t.co/8xF16ukstf — PolitiTweet.org
Paul Krugman @paulkrugman
Actually, I think it would be more accurate to say that China was supporting its currency before — the manipulation was keeping the yuan up, not down. The policy change is letting market forces matter more, not less. Still a big deal, but u should get the story right 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
Trump is already screaming "currency manipulation" about the drop in the renminbi. But he just slapped a bunch of new tariffs on China. What did he expect to happen to the currency? Consider what the prospect of hard Brexit has done to the pound 1/ https://t.co/N670SOy2p5 https://t.co/FNd5fXp4yd — PolitiTweet.org
Paul Krugman @paulkrugman
RT @crampell: trade wars are good and easy to win https://t.co/C1pnl237Up — PolitiTweet.org
Paul Krugman @paulkrugman
RT @thehill: Mayor of Dayton Nan Whaley: "I've heard that [President Trump's] coming Wednesday but I have not gotten a call. And you know h… — PolitiTweet.org
Paul Krugman @paulkrugman
Markets! Tomorrow's column will be about El Paso, because there's important stuff nobody is saying. But my warning over the weekend that "Other countries will retaliate, and this will get very ugly, very fast" seems to be happening ahead of schedule https://t.co/sX3QsdMV8z — PolitiTweet.org
Paul Krugman @paulkrugman
RT @mattyglesias: Give me softball media coverage or my followers will keep slaughtering people? https://t.co/gkoQk3vnsF — PolitiTweet.org
Paul Krugman @paulkrugman
RT @atrupar: Using a white supremacist mass shooting as leverage for white supremacist legislation takes some real chutzpah https://t.co/Xa… — PolitiTweet.org
Paul Krugman @paulkrugman
I was warning about escalation, but things moving faster than I expected 2/ https://t.co/sX3QsdMV8z — PolitiTweet.org
Paul Krugman @paulkrugman
Hope I'm wrong, but in retrospect Trump's latest tariffs may look like the world trade equivalent of the assassination of Franz Ferdinand — the event that tripped an uneasy situation into all-out trade war 1/ https://t.co/KpHZ1BvWYE — PolitiTweet.org
Paul Krugman @paulkrugman
RT @maggieNYT: As has at times been the case after similar events, the president has not yet done what almost any other president has done… — PolitiTweet.org
Paul Krugman @paulkrugman
Remember when persistent low employment after the financial crisis wasn't because austerity policies were holding the economy back, but because guys were playing video games instead? Funny how they lost interest in games when jobs became available 2/ https://t.co/YXlJiWf51J — PolitiTweet.org
Paul Krugman @paulkrugman
I don't play video games. Video games are not friends of mine. But the right wing uses them to explain away an amazing variety of things, not just mass murder. 1/ — PolitiTweet.org
Felicia Sonmez @feliciasonmez
On Fox, Kevin McCarthy is talking about El Paso and... video games. “When you look at these photos of how it took p… https://t.co/nFouS1B6iA
Paul Krugman @paulkrugman
Today's WaPo covers much the same ground, in more detail 2/ https://t.co/ki1qAEBw6B — PolitiTweet.org
Paul Krugman @paulkrugman
On a different but not entirely unrelated subject, last week I wrote about how Trump's vision of urban social collapse is decades out of date 1/ https://t.co/cBYGfEQ8PE — PolitiTweet.org
Paul Krugman @paulkrugman
No. Simple answers to simple questions. — PolitiTweet.org
Claire McCaskill @clairecmc
The shooters manifesto includes “send them back” and “fake news”. Any Republican patriots in Congress who will spe… https://t.co/deVOI4n9kX
Paul Krugman @paulkrugman
I think this should be seen in tandem with Republican efforts to block any effort to protect elections from foreign interference. One of our two dominant parties is willing to sell America out on multiple fronts 2/ — PolitiTweet.org
Paul Krugman @paulkrugman
A reminder: 10 years ago an internal Homeland Security report warned about the danger of right-wing domestic terrorism. Republicans learned about it, rose up in outrage, and demanded that efforts to counter the threat be canceled 1/ https://t.co/ZEPAjsY749 — PolitiTweet.org
Paul Krugman @paulkrugman
RT @davidrdollar: Thru June, US trade deficit w China is down, but up with most other partners and overall; trade war is leading to ineffic… — PolitiTweet.org
Paul Krugman @paulkrugman
RT @Will_Bunch: Counties where Trump held a 2016 campaign rally saw a 226 percent increase in hate crimes. He held a large rally in El Paso… — PolitiTweet.org
Paul Krugman @paulkrugman
If you ask me, this is just as immoral as being a genuine believer in white supremacy. 5/ — PolitiTweet.org