The third depression

Paul Krugman's opinion on the outlook for the world economy.

Read : http://www.nytimes.com/2010/06/28/opinion/28krugman.html.

He is not necessarily right because he is a Nobel prize winner. I do not think we can "spend ourselves out" of the present crisis.

But he still may be right, altough for the wrong reasons.

1 comment:

Pablo Carpintero said...

Geert Noels heeft het beter gezegd dan ik het ooit zou kunnen : http://www.econoshock.be/2010/lachende-gezichten-op-de-g8g20/.