Home › Forums › Financial Markets/Economics › Paul Krugman has officially lost all credibility
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briansd1.
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October 13, 2009 at 10:15 AM #468903October 13, 2009 at 10:21 AM #468083
urbanrealtor
Participant[quote=peterb]Mostly political mastrubation.[/quote]
The best kind of masturbation.
October 13, 2009 at 10:21 AM #468266Participant[quote=peterb]Mostly political mastrubation.[/quote]
The best kind of masturbation.
October 13, 2009 at 10:21 AM #468624Participant[quote=peterb]Mostly political mastrubation.[/quote]
The best kind of masturbation.
October 13, 2009 at 10:21 AM #468696Participant[quote=peterb]Mostly political mastrubation.[/quote]
The best kind of masturbation.
October 13, 2009 at 10:21 AM #468908Participant[quote=peterb]Mostly political mastrubation.[/quote]
The best kind of masturbation.
October 13, 2009 at 10:31 AM #468088October 13, 2009 at 10:31 AM #468270October 13, 2009 at 10:31 AM #468629October 13, 2009 at 10:31 AM #468701October 13, 2009 at 10:31 AM #468913October 13, 2009 at 11:43 AM #468113briansd1
Guest
Consider first the current uproar over the declining international value of the dollar.
The truth is that the falling dollar is good news. For one thing, it’s mainly the result of rising confidence: The dollar rose at the height of the financial crisis as panicked investors sought safe haven in America, and it’s falling again now that the fear is subsiding. And a lower dollar is good for U.S. exporters, helping us make the transition away from huge trade deficits to a more sustainable international position.
In this instance I believe the Krugman is correct.
There is rising confidence, but not in the US Dollar.
A cheaper dollar is good for American exporters, but it’s certainly not good for us, Americans, to maintain a standard of living that is proportionately higher than that of others around the world.
Americans will have to accept that they are just ordinary, and not so much better than other people in the world.
The way we see ourselves is not so much based on what we have, but how much more we have relative to others.
American dominance is eroding but perhaps that’s what it takes to pay off our debts and maintain what we have.
October 13, 2009 at 11:43 AM #468296Guest
Consider first the current uproar over the declining international value of the dollar.
The truth is that the falling dollar is good news. For one thing, it’s mainly the result of rising confidence: The dollar rose at the height of the financial crisis as panicked investors sought safe haven in America, and it’s falling again now that the fear is subsiding. And a lower dollar is good for U.S. exporters, helping us make the transition away from huge trade deficits to a more sustainable international position.
In this instance I believe the Krugman is correct.
There is rising confidence, but not in the US Dollar.
A cheaper dollar is good for American exporters, but it’s certainly not good for us, Americans, to maintain a standard of living that is proportionately higher than that of others around the world.
Americans will have to accept that they are just ordinary, and not so much better than other people in the world.
The way we see ourselves is not so much based on what we have, but how much more we have relative to others.
American dominance is eroding but perhaps that’s what it takes to pay off our debts and maintain what we have.
October 13, 2009 at 11:43 AM #468654Guest
Consider first the current uproar over the declining international value of the dollar.
The truth is that the falling dollar is good news. For one thing, it’s mainly the result of rising confidence: The dollar rose at the height of the financial crisis as panicked investors sought safe haven in America, and it’s falling again now that the fear is subsiding. And a lower dollar is good for U.S. exporters, helping us make the transition away from huge trade deficits to a more sustainable international position.
In this instance I believe the Krugman is correct.
There is rising confidence, but not in the US Dollar.
A cheaper dollar is good for American exporters, but it’s certainly not good for us, Americans, to maintain a standard of living that is proportionately higher than that of others around the world.
Americans will have to accept that they are just ordinary, and not so much better than other people in the world.
The way we see ourselves is not so much based on what we have, but how much more we have relative to others.
American dominance is eroding but perhaps that’s what it takes to pay off our debts and maintain what we have.
October 13, 2009 at 11:43 AM #468726Guest
Consider first the current uproar over the declining international value of the dollar.
The truth is that the falling dollar is good news. For one thing, it’s mainly the result of rising confidence: The dollar rose at the height of the financial crisis as panicked investors sought safe haven in America, and it’s falling again now that the fear is subsiding. And a lower dollar is good for U.S. exporters, helping us make the transition away from huge trade deficits to a more sustainable international position.
In this instance I believe the Krugman is correct.
There is rising confidence, but not in the US Dollar.
A cheaper dollar is good for American exporters, but it’s certainly not good for us, Americans, to maintain a standard of living that is proportionately higher than that of others around the world.
Americans will have to accept that they are just ordinary, and not so much better than other people in the world.
The way we see ourselves is not so much based on what we have, but how much more we have relative to others.
American dominance is eroding but perhaps that’s what it takes to pay off our debts and maintain what we have.
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