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View Full Version : Highly Accurate Paul Krugman Prediction from Election Night




Krugminator2
11-12-2016, 01:06 AM
http://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout


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

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.


http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=iwm&uf=0&type=4&size=3&sid=177658&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=8&rand=1477619727&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=510&width=720&mocktick=1

Or make all time highs the next day. One of the two.

timosman
11-12-2016, 01:18 AM
This guy should be a greeter at walmart

UWDude
11-12-2016, 01:29 AM
It is so enjoyable watching the truth smash the experts.
However, I still expect the stock market to plummet once the new trade deals start taking effect.

anaconda
11-12-2016, 01:34 AM
The markets have been going way up since Wednesday.

http://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html

luctor-et-emergo
11-12-2016, 01:39 AM
https://lh3.googleusercontent.com/-_zziL6q2ty4/VyiD1fa93qI/AAAAAAAAExc/WtEMtHhGge05BUerwYdwgXWFs8XzwHm8w/w465-h267/Krugman1.png

hells_unicorn
11-12-2016, 01:39 AM
It is so enjoyable watching the truth smash the experts.
However, I still expect the stock market to plummet once the new trade deals start taking effect.

I wouldn't use the word "expert" in any close proximity to Paul Krugman, "quack" would be a more appropriate term.

nobody's_hero
11-12-2016, 02:22 AM
This guy should be a greeter at walmart

Nah, they're qualified to be his supervisors.