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Politics : View from the Center and Left

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To: Alex MG who wrote (236067)10/28/2013 5:14:59 PM
From: Steve Lokness  Read Replies (6) of 542600
 
<<<<but the fact is Krugman has been right about most things>>>>

Only in your dreams. Krugman was pumping housing in 02 and 03 - just when we should have been slowing down that bubble. Remember the consequences? Krugman said we are in a Depression; even wrote a book titled; End This Depression Now. Krugman said we would enter a deflation spiral if his ideas were not adopted - they never where. Krugman recently suggested that the Euro would fail and the EU was dissolve into the haves and have nots - didn't happen.

What was he right about Alex?
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