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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: microhoogle! who wrote (39878)9/12/2011 11:03:45 PM
From: koan  Read Replies (3) of 119360
 
Krugman is really smart. He is like Keynes and Einstein in that he can see complicated equations in his head.

I know he is sane because he spends a lot of time in the Bahamas. That is a wonderful climate and environment.

He and Roubini are seeing the same picture. A deflationary black hole forming and people doing exactly the wrong thing to stop it. Sort of like running when you have just been bitten by a rattlesnake.

We have been here before, in 1937 and in the 90's when every single Republican voted against Clintons tax raise from 35 to 39% and they warned of armageddon.

Sort of a wrong call-lol! They were dead wrong.

Every Republican in the house voted against Clinton as I remember.
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