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To: expat_panama

This is not possible. We were told by our betters that a Trump win would crater the world’s financial systems.

http://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout

Paul Krugman: The Economic Fallout

2016-11-09T00:42:44-05:00 12:42 AM ET

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

snip

So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.


2 posted on 11/25/2016 2:01:29 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

Somewhere it said that Krugboy recanted his doom’n’gloom, tho I haven’t seen it personally...


3 posted on 11/25/2016 2:17:09 AM PST by expat_panama
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To: All

I have a feeling that suddenly 4.8% unemployment and 1% growth will be a bad thing in the media..


8 posted on 11/25/2016 3:12:11 AM PST by newnhdad (Our new motto: USA, it was fun while it lasted.)
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