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> Most of the world has been following the recommendations of this “economist” for decades That's exactly what they have not been doing. > Just because it’s a
by Nimitz14 12y ago
> Most of the world has been following the recommendations of this “economist” for decades
That's exactly what they have not been doing.
> Just because it’s a government instead of a household or a business does not making borrowing against your future when you have no capability to pay it back a good idea. This guy is the same type of person that thinks that companies carrying a lot of debt is a good idea. The sign of a healthy business. Bunk.
Extremely relevant.
https://alvaroaltamirano.files.wordpress.com/2010/05/krugman_a-country-is-not-a-company.pdf https://alvaroaltamirano.files.wordpress.com/2010/05/krugman...
HN may know programming but holy shit you're on the same level as the worst subs on reddit when it comes to economics and finance.