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.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
June 15, 2009
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