SocraticGadfly: Make up your recessionary mind, Krugman

June 15, 2009

Make up your recessionary mind, Krugman

Just days after being quoted in Bloomberg with the claim the recession would be ended by September, Paul Krugman tells the Guardian it could last 3 years; so, which is it?

He also warns that Germany is the China of Europe, only with German-level money, and holding a whole bunch of crappy CDOs. If he’s right, that poll I have about the Eurozone maybe needs some more “sooner” votes.

But, since we don’t know if he’s right or not about his various end-of-recession prognostications, he may not be right about the German economy, either.

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