Krugman VS the market

[Craig234]

Yes he is. Go back and look at what he thought of deficits during the prior term. He does a 180, not bad for a partisan hack.

Was there an economic crash the biggest since the great depression he was discussing how to recover from when he said anything else? You look pretty bad.

 

[Doppel]

boohoo cry babies. So you dont have any real economic experience. Yet you want to opine about what we should or shouldnt do without ANY experience in the subject? I'm no economist. I like how society is where we all dont have to be an expert on everything because back when that was the case we lived in tents made of animal skins.

The problem is retards who think one way and assume how they think is correct when it has nothing to do with shit. For instance in europe they cant print any more money so their debt is tied to basically a gold standard. Can your thick skulls figure out how that is different from our situation? No?

Rubbishy nonsense/rambling.

However, I did bold one statement and then underline the proof. No economist...you ain't fvcking kidding, son.

 

[sandorski]

Rubbishy nonsense/rambling.

However, I did bold one statement and then underline the proof. No economist...you ain't fvcking kidding, son.

He was right, albeit vague, on the first part. The PIIGS biggest problem is that they can't Print Money. If they could, they wouldn't be having the issues they currently are and neither would the rest of Europe/World Economy. It would still suck to be them, but their problem would be contained primarily within their own borders.

 

[JSt0rm]

Rubbishy nonsense/rambling.

However, I did bold one statement and then underline the proof. No economist...you ain't fvcking kidding, son.

Thats my point dumbshit. You arent either YET you are the one who wants to tinker with the system and rip on people who are experts on the subject. Come talk about what I'm an expert on and lets see how that goes.

thats why I asked you what your background was to talk in such a way. You will never see me comment from a place of authority on subjects I'm not an expert on. Thats the land of fools.

 

[nick1985]

Thats my point dumbshit. You arent either YET you are the one who wants to tinker with the system and rip on people who are experts on the subject. Come talk about what I'm an expert on and lets see how that goes.

thats why I asked you what your background was to talk in such a way. You will never see me comment from a place of authority on subjects I'm not an expert on. Thats the land of fools.

Robot indeed.

 

[charrison]

He sees a Purpose to Deficits. They are neither Good nor Bad, just sometimes Necessary or Unnecessary.

Yes, but during the prior admin he was deficit hawk complaining the deficits were too large and the bond market was going to have issues with the debt load. Now the deficits are even larger and he is saying we are not charging enough. A partisan hack is a partition hack.

 

[JSt0rm]

Robot indeed.

lol. You auto refresh these forums or something?

 

[charrison]

Was there an economic crash the biggest since the great depression he was discussing how to recover from when he said anything else? You look pretty bad.

And the deficits ar the time were within historical averages in relation to gdp for recessions.

 

[blackangst1]

It's a function of game theory. Hostage takers don't care about the hostage, in this case, the economy of a broad middle class. The hostage is just a means to an end, in this case the creation of a new Gilded Age, and the destruction of the power of democracy, the govt of the people. They seek corporate oligarchy.

They'll destroy the village to save it, congratulate themselves when they have, Blame Obama! if at all possible, when they're the actual perps.

If only the Dems could do half as much with so little

 

[JSt0rm]

Yes, but during the prior admin he was deficit hawk complaining the deficits were too large and the bond market was going to have issues with the debt load. Now the deficits are even larger and he is saying we are not charging enough. A partisan hack is a partition hack.

We were in different times during the last decade. We had a boom period that was not used to pay down debt but instead used to create even more. This is stuff you should know already.

 

[nick1985]

lol. You auto refresh these forums or something?

I love keeping tabs on your meltdowns. Best angry liberal on these forums. :thumbsup:

 

[sMiLeYz]

Well it doesn't matter, even US treasuries downgraded to AA. Interest rates on treasuries drop to 2%. Market clearly doesn't give a shit about deficits.

 

[charrison]

We were in different times during the last decade. We had a boom period that was not used to pay down debt but instead used to create even more. This is stuff you should know already.

Actually i could say that about almost every post recession economy. Of course that is not what krugman was writing about then either. But that should be stuff you already know.

 

[sandorski]

Yes, but during the prior admin he was deficit hawk complaining the deficits were too large and the bond market was going to have issues with the debt load. Now the deficits are even larger and he is saying we are not charging enough. A partisan hack is a partition hack.

They were too large and Unnecessary. There was no need to have a Deficit at that time. What's so hard to understand about this?

 

[Jhhnn]

Yes he is. Go back and look at what he thought of deficits during the prior term. He does a 180, not bad for a partisan hack.

So, uhh, link what he said. No links with snipped quotes & subsequent "analysis", please.

His calls for deficits today are based on the existence of a liquidity trap, which is as obvious as Tea Party ignorance of economics. There was no liquidity trap during the prior term.

He says there's a fire to put out. You say he was against putting out the fire when there wasn't one... which is true and yet completely irrelevant.

 

[JSt0rm]

I love keeping tabs on your meltdowns. Best angry liberal on these forums. :thumbsup:

You live a boring life then.

 

[charrison]

They were too large and Unnecessary. There was no need to have a Deficit at that time. What's so hard to understand about this?

They were within historical averages. So hard to say they fall as too large.

 

[nick1985]

You live a boring life then.

No I do not. Have a couple hours to kill before dinner with my friend, so I thought I'd spend it monitoring your rage.

 

[charrison]

So, uhh, link what he said. No links with snipped quotes & subsequent "analysis", please.

His calls for deficits today are based on the existence of a liquidity trap, which is as obvious as Tea Party ignorance of economics. There was no liquidity trap during the prior term.

He says there's a fire to put out. You say he was against putting out the fire when there wasn't one... which is true and yet completely irrelevant.

Sure....Give me some time to dig up some 10 year old op eds. Buy yes krugman has a nasty habit of only telling one of the side of story in economics when he gets into politics. Nothing new if you have every followed his work.

 

[sandorski]

They were within historical averages. So hard to say they fall as too large.

This is the exact kind of thinking that made this mess worse than others. "Historical averages", wtf? You're still going deeper in Debt every year, paying more of your Income in Interest/Debt Servicing and this is somehow Sustainable? No.

 

[JSt0rm]

No I do not. Have a couple hours to kill before dinner with my friend, so I thought I'd spend it monitoring your rage.

Whatever dude. Its clear you are butthurt I've dissed you a thousand times. I dont even think about it. Its irrelevant and so are you. If you had some man bag you would diss me back like dali but no you just want to cry moar and get OT.

I may call you a idiot but it is surrounded with points related to the topic at hand.

 

[nick1985]

Whatever dude. Its clear you are butthurt I've dissed you a thousand times. I dont even think about it. Its irrelevant and so are you. If you had some man bag you would diss me back like dali but no you just want to cry moar and get OT.

I may call you a idiot but it is surrounded with points related to the topic at hand.

This post...made no sense. Meltdown complete.

 

[blackangst1]

Whatever dude. Its clear you are butthurt I've dissed you a thousand times. I dont even think about it. Its irrelevant and so are you. If you had some man bag you would diss me back like dali but no you just want to cry moar and get OT.

I may call you a idiot but it is surrounded with points related to the topic at hand.

lol are you old enough to drink, son?

 

[JSt0rm]

This post...made no sense. Meltdown complete.

No creativity

lol are you old enough to drink, son?

a little creativity

 

[Jhhnn]

Sure....Give me some time to dig up some 10 year old op eds. Buy yes krugman has a nasty habit of only telling one of the side of story in economics when he gets into politics. Nothing new if you have every followed his work.

I've followed his work since the 80's.

What you've offered is innuendo, and now obfuscation, an effort to label & dismiss, a la Rushbo...

Choke on it-

Indeed, not all recessions call for fiscal stimulus; it’s the special conditions of the liquidity trap that make it essential now — which is why the Bush deficits, run under non-liquidity trap conditions, say nothing at all about the desirability of deficits now.

http://krugman.blogs.nytimes.com/2011/08/12/the-cracked-conservative-mirror/