On Twitter, Paul Krugman writes: "Objectively, the economic problems are nowhere near as serious as 2008, or even 2001. But we're being led by the gang that couldn't think straight".
I love Krugman but I do have to ask: Exactly how many economists thought in 2008 that 2008 would be as bad as 2008?
Reminder: Other than on any given day, stocks go up and down not because of the economy but because of the impacts to the valuation models professional investors use. hashtag#economic hashtag#equities hashtag#monetarypolicy hashtag#globaleconomy
Krugman: The Economic Problems Are Nowhere Near As Serious As 2008, Or Even 2001
I love Krugman but I do have to ask: Exactly how many economists thought in 2008 that 2008 would be as bad as 2008?
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Accounts managed by Blue Marble Research may presently hold a long/short position in the above mentioned issues and their inverse comparables.
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