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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (211084)12/10/2012 10:06:46 AM
From: Steve Lokness1 Recommendation  Respond to of 541671
 
<<<< I read that as sarcasm>>>>

You're of course free to believe anything you want but in this case you would be wrong. That's why I posted several quotes from Krugman during this period. I challenge you to find one though that warns of the upcoming housing collapse for the reasons the Austians did warn - or any reason for that matter. No Krugmna was on board and was very much part of the problem. ..........Krugman did warn of a mild recession in 06 after housing prices had started to fall. But of course that was way too late as the meltdown had already started.