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Paul Krugman called this "the moron risk premium" https://twitter.com/paulkrugman/status/1573656086716071937 https://twitter.com/paulkrugman/status/15736560867
by SideburnsOfDoom 4y ago
Paul Krugman called this "the moron risk premium"
https://twitter.com/paulkrugman/status/1573656086716071937 https://twitter.com/paulkrugman/status/1573656086716071937
https://www.ft.com/content/08908266-cc47-4cda-b8d4-97a8ac433a6d https://www.ft.com/content/08908266-cc47-4cda-b8d4-97a8ac433...
- Proven 4y agoAs in "risk premium as determined by a moron"? The UK's situation is no different from continental redistributionist disasters - big government, too much spending. The only reason why the US hasn't fallen to that level is that the dollar is a major reserve currency.
- netsharc 4y agoBTW the FT link says it seems to have been coined by a Dario Perkins...