Paul Krugman, Princeton University Professor of Economics, compares the United States economy to Japan in the 1990′s. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”


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Paul Krugman, Princeton University Professor of Economics, discusses the impact of a rate hike by the Federal Reserve and the role of central banks in the global economy. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

Krugman: We’re Asking Too Much From Central Banks

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John Cochrane, a professor of finance at the University of Chicago Booth School of Business, talks about the U.S. economy, fiscal policy and the views of Nobel laureate Paul Krugman. He speaks with Sara Eisen and Adam Johnson on Bloomberg Television’s “Surveillance.”

U.S. Sits on Debt `Earthquake Fault,’ Cochrane Says

Category: Video

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5 Responses to “Krugman: USA Worse Than Japan Ever Was”

  1. ilsm says:

    Raise taxes, do a little tariffing and reduce the war welfare by 66%, to the same level the EU as part of GDP.

    A few measure the economy by what is good for 100% of the citizens, the controled media by what is good for the sponsors, at the expense of the 100%.

    The household debt analogy has a very rich capo…………….. with a strap to keep the kids in line.

  2. Savage1701 says:

    John Cochrane is always interesting to listen to.

    On the other hand, if there was a Economist’s version of Hollywood Squares for dysfunctional economic thought, Krugman would “center square”. And I mean that with no disrespect to the late Paul Lynde.

  3. rwboomtown says:

    I think the endless war economy is a big problem for many reasons, but it will be interesting to watch the world try to move oil around with out the US navy. Very expensive for us, but also seems very necessary at this time.

  4. ilsm says:

    @rwboomtown,

    Plundering SS and Medicare securing free trade [other] countries’ oil.

    The ‘common defense’ and wasteful foreign entanglements aside.

    Would $45/bbl pay for the US navy?

  5. Marc Brazeau says:

    Completely caricaturing Krugman’s views and Keynesianism, that’s “always interesting to listen to.”