Posts Tagged ‘Financial Markets’

In which The Gay Recluse scores selected opinions in The Times. Paul Krugman/Success Breeds Failure The Short Version: Don’t get too excited about the financial markets. In his words: “[T]he next crisis will probably be worse than this one.” Score: B- (Been there) Krugman describes an entrenched cycle of boom/bust/haphazard regulation in the financial markets […]

In which The Gay Recluse scores selected opinion pieces in The Times. Paul Krugman/Taming the Beast The Short Version: We need financial reform. So far none of the candidates seem to have noticed. In his words: “But you don’t have to be an economic radical, or even a vocal reformer like Representative Barney Frank… to […]

Paul Krugman/The B-Word The Short Version: Bailout! In his words: “As Bear goes, so will go the rest of the financial system.” Score: B+ (Bailout) Krugman predicts more woe for the financial markets, along with an inevitable (and very expensive) buyout. Unfortunately for a lot of people (and U.S. taxpayers), he appears to be right. Roger […]