Home › Forums › Financial Markets/Economics › Paul Krugman has officially lost all credibility
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briansd1.
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October 14, 2009 at 11:02 AM #469530October 14, 2009 at 12:00 PM #468802
aldante
ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!October 14, 2009 at 12:00 PM #468985ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!October 14, 2009 at 12:00 PM #469344ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!October 14, 2009 at 12:00 PM #469416ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!October 14, 2009 at 12:00 PM #469628ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!October 14, 2009 at 12:18 PM #468842Arraya
Participant[quote=meadandale][quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.[/quote]
Please, lets be adults and understand POSTURING. If the Rs were in the seat they would have been bullied by the Fed cabal as well. It’s a DEFAULT reaction for the Rs to disagree with spending from a democrat AT ALL TIMES. That is just what they do. This time, however, they will look very right. So get ready to gloat and Dems get ready with excuses.
October 14, 2009 at 12:18 PM #469025Participant[quote=meadandale][quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.[/quote]
Please, lets be adults and understand POSTURING. If the Rs were in the seat they would have been bullied by the Fed cabal as well. It’s a DEFAULT reaction for the Rs to disagree with spending from a democrat AT ALL TIMES. That is just what they do. This time, however, they will look very right. So get ready to gloat and Dems get ready with excuses.
October 14, 2009 at 12:18 PM #469383Participant[quote=meadandale][quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.[/quote]
Please, lets be adults and understand POSTURING. If the Rs were in the seat they would have been bullied by the Fed cabal as well. It’s a DEFAULT reaction for the Rs to disagree with spending from a democrat AT ALL TIMES. That is just what they do. This time, however, they will look very right. So get ready to gloat and Dems get ready with excuses.
October 14, 2009 at 12:18 PM #469456Participant[quote=meadandale][quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.[/quote]
Please, lets be adults and understand POSTURING. If the Rs were in the seat they would have been bullied by the Fed cabal as well. It’s a DEFAULT reaction for the Rs to disagree with spending from a democrat AT ALL TIMES. That is just what they do. This time, however, they will look very right. So get ready to gloat and Dems get ready with excuses.
October 14, 2009 at 12:18 PM #469668Participant[quote=meadandale][quote=briansd1]
It is interesting that Republican leaders are pontificating about the harm that bailouts are causing while their voters (other than the ideological social conservatives) keep wishing for more Krugman-esque government support to prop up their value of their houses.[/quote]I think the reverse is true…there are many Republican leaders that went along with the bailouts than when virtually their entire constituency was against them.
Every conservative that I know thought that the bank bailouts, the aig bailout and the auto company bailouts were ALL misguided, destructive in the long and short term and opposed them.[/quote]
Please, lets be adults and understand POSTURING. If the Rs were in the seat they would have been bullied by the Fed cabal as well. It’s a DEFAULT reaction for the Rs to disagree with spending from a democrat AT ALL TIMES. That is just what they do. This time, however, they will look very right. So get ready to gloat and Dems get ready with excuses.
October 14, 2009 at 12:28 PM #468857Participant[quote=briansd1][quote=Arraya]
Soon to a theater near you.[/quote]
How soon? That’s the question.
If you make me expect it too much I’ll be very let down when it doesn’t come.
I can only see 6 months to 1 year ahead, at the most.
If you keep on telling a girl that you’ll marry her but can never save enough to buy her a ring, what do you think will happen?[/quote]
That is the million dollar question. I’d say the market is ready to turn and cause a host of problems. Though, I differ from Rich slightly, in that I see a quick but intense deflationary bought before destructive inflation and very real funding problems in less than 18 months. I think bad times are ahead in early 2010 and could become noticeable this year.
In Krugmans defense, his style of monetarism is the predominate theology. His squabbles with the Fed and other main stream analysts are analogous to priests arguing over how many hail mary’s to do to achieve redemption.
Main stream economics is dead, IMO
October 14, 2009 at 12:28 PM #469040Participant[quote=briansd1][quote=Arraya]
Soon to a theater near you.[/quote]
How soon? That’s the question.
If you make me expect it too much I’ll be very let down when it doesn’t come.
I can only see 6 months to 1 year ahead, at the most.
If you keep on telling a girl that you’ll marry her but can never save enough to buy her a ring, what do you think will happen?[/quote]
That is the million dollar question. I’d say the market is ready to turn and cause a host of problems. Though, I differ from Rich slightly, in that I see a quick but intense deflationary bought before destructive inflation and very real funding problems in less than 18 months. I think bad times are ahead in early 2010 and could become noticeable this year.
In Krugmans defense, his style of monetarism is the predominate theology. His squabbles with the Fed and other main stream analysts are analogous to priests arguing over how many hail mary’s to do to achieve redemption.
Main stream economics is dead, IMO
October 14, 2009 at 12:28 PM #469397Participant[quote=briansd1][quote=Arraya]
Soon to a theater near you.[/quote]
How soon? That’s the question.
If you make me expect it too much I’ll be very let down when it doesn’t come.
I can only see 6 months to 1 year ahead, at the most.
If you keep on telling a girl that you’ll marry her but can never save enough to buy her a ring, what do you think will happen?[/quote]
That is the million dollar question. I’d say the market is ready to turn and cause a host of problems. Though, I differ from Rich slightly, in that I see a quick but intense deflationary bought before destructive inflation and very real funding problems in less than 18 months. I think bad times are ahead in early 2010 and could become noticeable this year.
In Krugmans defense, his style of monetarism is the predominate theology. His squabbles with the Fed and other main stream analysts are analogous to priests arguing over how many hail mary’s to do to achieve redemption.
Main stream economics is dead, IMO
October 14, 2009 at 12:28 PM #469471Participant[quote=briansd1][quote=Arraya]
Soon to a theater near you.[/quote]
How soon? That’s the question.
If you make me expect it too much I’ll be very let down when it doesn’t come.
I can only see 6 months to 1 year ahead, at the most.
If you keep on telling a girl that you’ll marry her but can never save enough to buy her a ring, what do you think will happen?[/quote]
That is the million dollar question. I’d say the market is ready to turn and cause a host of problems. Though, I differ from Rich slightly, in that I see a quick but intense deflationary bought before destructive inflation and very real funding problems in less than 18 months. I think bad times are ahead in early 2010 and could become noticeable this year.
In Krugmans defense, his style of monetarism is the predominate theology. His squabbles with the Fed and other main stream analysts are analogous to priests arguing over how many hail mary’s to do to achieve redemption.
Main stream economics is dead, IMO
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