Tuesday, October 17, 2017

Honoring The Prophets: Paul Krugman's Post-Election Predictions

The Nobel laureate of Gray Lady fame nailed the strife and turmoil that would follow a Trump victory. As we stand in the soup line, let us remind ourselves that this sage warned us of the wages of foolishness. Had we only listened.

Paul Krugman: The Economic Fallout

COMMENT
It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?
Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.
Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.

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