Monday, November 21, 2016

Why You Should Not Take Investment Advice From Paul Krugman. The Bad Election Night Advice From Nobel Prize Winning Economist Who Couldn't Have Made It In The Trading World.

Professor Glenn Reynolds reminds the world if you got short based on Paul Krugman's pronouncements on election night : you'd be in a world of hurt. Astute readers might start thinking about fading virtually everything Paul has to say. At least Professor Krugman has a captive audience where he can lecture on that old time religion of failed Keynesian economics. A world where government spending can never be cut.