Abet Chichi2

[*~1Best~*]

The mentally disturbed Krugman is continuing to destroy America using his insane and illogical babbles of massive debt bubble which was and is continuing to destroy America and the nations around the globe. People like him is the enemy of reason and rationality leading mass into miserable living hell. His idea is distributing drugs which were and are addicting and destroying normal life economic cycles. America and Europe is like drug addicts, and it does not heal itself by using more drugs -- Krugman = Madoff insanity

NO More of Krugman insane debt bubble drug bomb. Anyone checked what Krugman smokes making him delusional... America is going bankrupt and in financial insanity because of people like Krugman destroying America with bubbles. Obama-Krugman, Greenspan bubbles sucking up all wealth using financial market bubble is a good example.

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Krugman says we're still in a classic Depression.

Paul Krugman on Bill Maher:
We are in a depression. We are actually in a classic depression. A depression is when nobody wants to spend. Everybody wants to pay down their debt at the same time. Everybody is trying to pull back, either because they got too far into debt, or because if they’re a corporation, they can’t sell because consumers are pulling back. The thing about an economy is that it fits together. My spending is your income. Your spending is my income, so if we all pull back at the same time, we’re in a depression. The way to get out of it is for somebody to spend so that people can pay down their debt, so that we don’t have a depression. So that we have a chance to work out of whatever excesses we had in the past, and that somebody has to be the government.

http://www.americablog.com/2012/05/paul-krugman-on-why-austerity-is-recipe.html