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A (Hopefully Fake) Paul Krugman Laments The Lack Of Death And Destruction Following Today's Earthquake

Tyler Durden's picture




 

We truly can only hope that this Google Plus account of Paul Krugman is merely a well-orchestrated parody, because if it is indeed that of the self-styled uber-Keynesian, the time for the public outrage, his economic beliefs aside, has arrived. In a blast post on Google's imitation of twitter and facebook, which should immediately result in the termination of the Nobel prize winning economist if it was indeed penned by him, this particular account of "Paul Krugman" writes: "People on twitter might be joking, but in all seriousness, we would see a bigger boost in spending and hence economic growth if the earthquake had done more damage." Translation...well it's pretty obvious, but for those laboring under the aftermath of a full frontal lobotomy, the person who tweeted this essentially yearns for his voodoo economic religion to be validated following countless failures of Keynesianism (no, really, after this latest injection of Xx *illion dollars into the economy things will really be well), at the expense of death and destruction. Even more poignant translation: "Krugman" would like nothing more than to put an equal sign between the death of a human being and its proportional GDP replacement value. What next: Krugman lamenting that only certain races end up getting killed in conflict, those whose replacement potential is too low, demanding more death? Or that X number of deaths would have been more stimulative if it was really XXX? This is about as close as we will get to a Keynesian admitting that reparations for death and destruction are the only two special clauses under which fiscal stimulus does work. Which of course means that with idiots such as the poster of the above who actually thinks this, be it Krugman or some of his countless voodoo brethren, and with their proximity to the president, the only logical explanation is that a war is coming, and is being welcomed by all these s[h|c]am "economists", for whom human death and suffering is a fair tradeoff in preserving their tenure or modestly-paid, liberal publication blogging jobs. If this indeed Krugman's account, it is imperative that the NYT immediately terminate this pathologically deranged and homicidal psychopath. Institutionalization in a mentally insane ward may be a proper subsequent action.

Naturally, if this is indeed a fake accountholder, then the sarcastic spotlighting of the subject truly achieves its goal.

Incidentally, for those who have watched Michael Clayton recently, perhaps they can remind us what the New York State statute on 3rd party commitment is.

 

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Wed, 08/24/2011 - 01:30 | 1593922 Seasmoke
Seasmoke's picture

how crazy is it, that we actually cant say for sure whether this is actually this sick fucks account

Wed, 08/24/2011 - 01:34 | 1593931 Haywood Jablowme
Haywood Jablowme's picture

 

KRUGMAN = FUCKING DOUCHE

 

 

Wed, 08/24/2011 - 01:48 | 1593961 spiral_eyes
spiral_eyes's picture

Here's my take on Krugman's vile reprehensible nonsense:

http://azizonomics.com/2011/08/24/krugman-calls-for-more-earthquake-damage/ 

Wed, 08/24/2011 - 01:52 | 1593976 pesamystik
pesamystik's picture

The day is quickly approaching where Krugman will be seen naked, covered in feces, running around starting fires and shooting people in the streets, screaming "economic stimulus" over and over again in an orgy of destuction.

You got to love how his google page title, "conscience of a liberal."

Wed, 08/24/2011 - 02:05 | 1593983 asdasmos
asdasmos's picture

Maybe Bernanke will go Full Retard and launch 'QEK'.

 

In this form of QE, Krugman (K) would direct a bombing campaign of 'transitory undesirables' and the reconstruction would be financed by a printing of cash that could only be matched by Keynes' ultimate wet dream.

 

*With all the excess cash going to make a 10 mile high paper mache statue of Krugman to ward off any intelligent beings.

Wed, 08/24/2011 - 02:13 | 1594027 chumbawamba
chumbawamba's picture

Whether this is written by Krugman or not, that fetid pile of human waste should be dragged out into the streets of NYC and gang-raped by one hundred desperate sex offenders who have been cooped up in solitary for a year.  Perhaps the damage done to Krugman's anus will stimulate a plastic surgery reconstruction mini-boom.  He might want to have those man-tits lipoed at the same time.

I am Chumbawamba.

Wed, 08/24/2011 - 02:16 | 1594035 faustian bargain
faustian bargain's picture

Indeed...maybe his health could be stimulated by a good skull-bashing. After all, think of all the healing he'll have to do. That's gotta be worth something.

Wed, 08/24/2011 - 02:28 | 1594051 chumbawamba
chumbawamba's picture

Pretty soon (now?) the "Bearded Economist" will be a metaphor for a clueless moron in any profession whose theories and practices result in complete fail and their solution for fixing the situation is limited to heaping on yet more fail.

In fact, I just coined it.  Bitches.

Example: "That dude is trying to put out a fire by pouring gasoline on it.  He's a regular Bearded Economist!"

Also, ref. Einstein re: definition of insanity.

I am Chumbawamba.

Wed, 08/24/2011 - 02:31 | 1594058 chumbawamba
chumbawamba's picture


Bearded Economist by Chumbawamba is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

Enjoy.

- Chumblez.

Wed, 08/24/2011 - 02:38 | 1594069 Fed Supporter
Fed Supporter's picture

Hey chum, how is your credit rating doing?  Didn't you default on all your credit cards and buy precious metals with them?

Wed, 08/24/2011 - 06:13 | 1594298 chumbawamba
chumbawamba's picture

Why do you care about my credit rating?

Why should I care about my credit rating?

Are you still bothered by what your 4th grade nemeses think about you?

I am Chumbawamba.

Wed, 08/24/2011 - 02:46 | 1594080 Temporalist
Temporalist's picture

I think it will be "Bearded PhD" personally.  Something like:

Person 1: "He's really smart must be the beard."

Person 2: "And he's got a PhD!"

Person 1: "A real Bearded PhD!"

Wed, 08/24/2011 - 03:26 | 1594131 Coldfire
Coldfire's picture

I wonder how many bearded economists it takes to change a light bulb.

Wed, 08/24/2011 - 03:55 | 1594162 akak
akak's picture

Before or after they purposely smash it? 

For the "stimulative effect", of course.

Wed, 08/24/2011 - 05:58 | 1594280 PaperBear
PaperBear's picture

Smash all lightbulbs, that is the way to get that part of the economy growing.

Wed, 08/24/2011 - 06:01 | 1594285 nmewn
nmewn's picture

"For the "stimulative effect", of course."

But, there very well could be up 20 deforestation jobs "saved or created" just to supply the paper for the Haz-Mat reports, per bulb.

Keynes, the ultimate eco-terrorist...lol.

Wed, 08/24/2011 - 07:13 | 1594362 Al Gorerhythm
Al Gorerhythm's picture

Schnooooork, chortle.

Wed, 08/24/2011 - 07:41 | 1594395 smlbizman
smlbizman's picture

wait a minute larry kudlow already played this card with the fuckurmomma earthquake, so krugman or not this sadly played card has already been layed on the table....

Wed, 08/24/2011 - 08:31 | 1594486 Thomas
Thomas's picture

The comments section, bloated as usual, seems real. It would be an awfully elaborate hoax to build a site this intricate.

Wed, 08/24/2011 - 09:22 | 1594695 WALLST8MY8BALL
WALLST8MY8BALL's picture

ManBernKrug - Half Man, Half Bearded Keynesian Psychpoaths!

Wed, 08/24/2011 - 02:52 | 1594092 you enjoy myself
you enjoy myself's picture

stop the spam, jackass.  if you want to promote your blog buy adwords for it.

Wed, 08/24/2011 - 04:28 | 1594205 The Peak Oil Poet
The Peak Oil Poet's picture

 

:-)

 

he set about to craft a plan
'twas Keynesian and good
we'd all be given ray-guns
and a power-pack and hood

 

http://thepeakoilpoet.blogspot.com/2011/08/ode-to-paul-krugman.html

Wed, 08/24/2011 - 01:51 | 1593975 Rahm
Rahm's picture

Who knew Paul Krugman was a meth head?  Learn something every day!

Wed, 08/24/2011 - 02:24 | 1594039 Zero Govt
Zero Govt's picture

 

face facts guys, socialists are delusional morons

they fail miserably in every country they bankrupt, yet still think they're onto a 'winner' of a formula in the next one they attempt to debilitate with ideological garbage 

socialists have the memory of a goldfish (it's why they never learn anything) and the attention span of Barry Obummer (see his mind wander from the auto-cue every 40 seconds and begins to stutter) 

the Norwegian Socialist Party (ie. Nobel Prize Committee) gave Barry the Nobel Peace Prize for being 4 days in office with no achievements to his name (Doh!). Obumma forgot he was receiving a Peace Prize by the time he hit the stage (Doh!) and gave a speech endorsing wars (Doh!). The enmassed socialist starry eyed rabbits forgot it was a Peace Prize (Doh!) and forgot Obummas speech was pro-war by the time it was delivered and clapped (Doh!)

I mean how f'ing crsytal clear does it need to be all socialists like Krugman in history are retarded and require mental help???

Wed, 08/24/2011 - 02:48 | 1594085 Temporalist
Temporalist's picture

They suffer with the "If Onlies"

 

"If only the stimulus was bigger"

"If only the people were condifent"

"If only aliens attacked but didn't really attack we just told people there was an attack so we could make a fake economy even more fake by falsely stimulating it further which will create an even more temporary fix that fails faster and harder than the last one"

Wed, 08/24/2011 - 05:59 | 1594283 Snidley Whipsnae
Snidley Whipsnae's picture

Sounds like Krugman is pushing the 'broken window fallacy' on a grand scale...

So, exactly where did Krugman study Keynesian Economics? Even Keynesians should know about the broken window fallacy by now...

Wed, 08/24/2011 - 09:33 | 1594739 Tidewater
Tidewater's picture

He’s not being impersonated in this TV interview, in which he claims a false-flag alien invasion would be an economic stimulant: http://www.safehaven.com/article/22185/krugmans-new-extraterrestrial-eco...

There needs to be a new category of stupid, a category which embraces an almost clinical definition for a "stupid" so stupid that it borders dementia but without head trauma, structural disorder, etc. Maybe we could call it krugma, and the pear-shaped Krugman himself, Case Zero.

That said, I hope he gets another Nobel, I really do. After all, he's >still not George Bush!<

But I think this, uh, specimen of a TV interview provides a good angle on the old debate, "is-it-a-conspiracy or all-just-an-accident"...

It's both. People like Soros pull strings (ce qu'on ne voit pas). They work to produce the conditions that tilt influence in ways beneficial to their positions. People like Krugman are simply unwitting. They're kept around because they promote ideas that are useful; e.g., government financing = organic economic growth. Printing your allowance early this week = production. They're useful idiots and that's all. Let's call them krugmen.

A krugman promotes something that a village idiot would dismiss as patently idiotic, like the idea that a broken window is good for the economy. What happens next meets burden of proof: It gets a Nobel Prize, a job at the Gray Lady, book deals, its face (and what's up with Krugman's clueless expression? He always looks lost) on the cover of for-idiots magazines, etc.

It gets a food pellet, basically. The puppetmasters find it useful.

Now -- the next time the krugman is up on the dais, what does it do? It can re-examine its core tenets, take it all back, risk losing everything including its agent. Or it can continue spewing fallacy in the pursuit of more food pellets. It sticks with the proven path to pellet success, of course. That's what makes it a krugman.

So far so good. But krugmen are often so dimwitted that they don't know when to call. So they double-down -- the "logic," having worked thus far, gets taken a bit further, then a bit further, then...

Voila! The krugman finds itself on TV calling for a false-flag alien invasion.

And what happens? Scandal? Remorse? A non-stop international laugh-track? Maybe a skewering by Jon Stewart? No, another food pellet. This stuff really works! The krugman still has its Nobel, maintains its job as a blogger. It had to start moderating the comments on its blog -- because ordinary readers were easily demolishing the krugman's every argument -- but no big deal. Those people probably voted for George W. Bush!

This krugman must be on to something. It calls for more stimulus, and retains its utility to the machine. What a surprise.

...

But to me, it feels like the propaganda is getting worse and worse -- to where it's almost self-parody.

I was in the bodega for 2 minutes last night, and Wolf Blitzer was on. I actually felt sorry for him, so obvious was the role he was playing and that it was a burden for him to maintain it. He didn't even seem to buy it himself, was just going through the motions. Global warming, blah blah blah... Statist propaganda, where's my check. Just make the producer happy. The producer has to make the manager happy. The manager makes the local affiliates and executives happy. The executives please the owner. The owners pull the strings and we have this puppet show.

We have Krugman and all these little krugmen running around, tempting a new definition of clinically stupid, maybe for the DSM-5-R.

Cuz it seems like we're at the point where minions just aren't comfortable with the same old agitprop, even as the prop has to go full bore to maintain the pretense. Even the slowest-witted are starting to say enough's enough: Give us better lies. Even Maxine Waters is asking questions.

And that's what a false-flag alien invasion is or would be, by Krugman's own admission in the interview: A better lie, maybe even the bestest of all possible lies. But we've known that broken windows don't stimulate economies since "Have you ever witnessed the anger of the shopkeeper."

It's freakish; it's Rodgers and Hammerstein on battery acid; it's clinically stupid.

...

Something's gotta give, and when we get to the point where even the original krugman acknowledges that staging an alien attack might not be such a bad idea, and Maxine Waters asks aloud why Obama's Magical Misery Tour didn't visit any black neighborhoods, and on and on -- one of two things will happen: a full reversal, or into the breach.

We don't have the salt for a full reversal.

Wed, 08/24/2011 - 15:55 | 1596363 TheFourthStooge-ing
TheFourthStooge-ing's picture

That said, I hope he gets another Nobel, I really do.

FYI, Krugman never won a Nobel Prize. He won a Sveriges Riksbank prize.

 

Sun, 08/28/2011 - 14:17 | 1609585 Tidewater
Tidewater's picture

FYI, it's The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel: http://www.nobelprize.org/nobel_prizes/economics/.

But seriously -- who cares?

You get the Least Interesting and Also Inaccurate Comment Award. Congratulations.

Wed, 08/24/2011 - 06:03 | 1594291 Mentaliusanything
Mentaliusanything's picture

I don't have a clue who said it but it is a truism - "Socialism is great until you run out of other peoples money then your fucked"

Wed, 08/24/2011 - 06:32 | 1594312 smore
smore's picture

 

"The problem with socialism is that you eventually run out of other people's money. "
Margaret Thatcher
Wed, 08/24/2011 - 08:10 | 1594450 snowball777
snowball777's picture

"Subprime mortgage securitization is great until you run out of other peoples money then you're fucked"

Wed, 08/24/2011 - 01:43 | 1593947 redpill
redpill's picture

Based upon his "alien invasion" thesis, one could easily postulate that he would agree with the premise regardless of whether the account is his.

 

It's perhaps the most striking example of how Keynesian economics is a spectacular failure. It's the office worker who believes that if they look busy with many menial tasks then they are being productive. But it's an illusion. True economic growth does not come from destroying our infrastructure or inflating the money supply, just as it doesn't come from the fraud of "consumer spending" that is a result of consumer borrowing. Economic growth comes from PRODUCTION, a concept Krugman truly does not understand.

Wed, 08/24/2011 - 01:48 | 1593959 Michael
Michael's picture

We should pray for a 9.0 earthquake to hit Los Angeles. That would make Krugman jiz in his pants if that happened.

Wed, 08/24/2011 - 01:51 | 1593972 Taku
Taku's picture

To him, a nuclear option is literal.

Wed, 08/24/2011 - 02:16 | 1594036 chumbawamba
chumbawamba's picture

Who was it (Mises?  Or was it Peter Schiff?  No, it was Ronald McDonald) that  mused if destroying things so that we could provide stimulus to rebuild was such a great idea, why don't we just go around and completely destroy a large city in the US at random every year so that we could have a reconstruction boom in that area of the country?

Makes sense to me.  Let's start with D.C.

I am Chumbawamba.

Wed, 08/24/2011 - 02:36 | 1594062 Raymond Reason
Raymond Reason's picture

Probably the same guy who asked why a public works canal was being dug with shovels rather than excavators.  "Because we are creating jobs", was the reply.  To which he responded: "Then why not have them use spoons?" 

Wed, 08/24/2011 - 06:04 | 1594293 Snidley Whipsnae
Snidley Whipsnae's picture

"Parable of the broken window"

" The parable of the broken window was introduced by Frédéric Bastiat in his 1850 essay Ce qu'on voit et ce qu'on ne voit pas (That Which Is Seen and That Which Is Unseen) to illustrate why destruction, and the money spent to recover from destruction, is actually not a net-benefit to society. The parable, also known as the broken window fallacy or glazier's fallacy, demonstrates how opportunity costs, as well as the law of unintended consequences, affect economic activity in ways that are "unseen" or ignored by some, such as advocates of Keynsian economic stimulus, who typically see those actions as beneficial to the economy."

http://en.wikipedia.org/wiki/Parable_of_the_broken_window

This is what Keynesians ignore...

Wed, 08/24/2011 - 07:12 | 1594360 New_Meat
New_Meat's picture

Nicely explained by Henry Hazlitt in "Economics in One Lesson." e.g.:

http://www.abebooks.com/servlet/SearchResults?sts=t&tn=economics+in+one+...

Krugman was hung over when the one lesson was offered; he missed that whole day.

- Ned

Wed, 08/24/2011 - 07:38 | 1594391 my puppy for prez
my puppy for prez's picture

I have that book!  Now, if I could just get it read.....so much to read, so little time...

Wed, 08/24/2011 - 07:48 | 1594411 New_Meat
New_Meat's picture

First chapter gets ya' there.  Then u b hooked ;-)

Wed, 08/24/2011 - 10:09 | 1594857 XitSam
XitSam's picture

It is an easy read. Well worth the time to read.  Assuming you're not a Bearded Economist!

Wed, 08/24/2011 - 06:59 | 1594343 Oh regional Indian
Oh regional Indian's picture

No need Chumba, the god's are playing HAARP's to the Devils Of DC's lute already.

Shake rattle and roll!

Vivek

http://aadivaahan.wordpress.com/2011/08/24/precursor-03-bottom-falling-out-still-still-and-a-gander/

Wed, 08/24/2011 - 08:53 | 1594571 centerline
centerline's picture

If we use miltary personnel and ordinance, it also gives us a chance to bring our troops home and keep them employed. I say it is a win-win. Wow, Krugman is a genius.

Wed, 08/24/2011 - 12:43 | 1595575 bread n circuses
bread n circuses's picture

Of course, then you would have these kind of people all around you. 

Wed, 08/24/2011 - 15:56 | 1596371 TheFourthStooge-ing
TheFourthStooge-ing's picture

Who was it (Mises?  Or was it Peter Schiff?  No, it was Ronald McDonald) that  mused if destroying things so that we could provide stimulus to rebuild was such a great idea, why don't we just go around and completely destroy a large city in the US at random every year so that we could have a reconstruction boom in that area of the country?

Makes sense to me.  Let's start with D.C.

Come on Irene.

 

Wed, 08/24/2011 - 01:44 | 1593952 AldoHux_IV
AldoHux_IV's picture

Not only that but it's almost a given a war is next up in the flawed agenda of the central planners to keep the illusion going-- what a sad and fucked up system we live in.

Wed, 08/24/2011 - 01:45 | 1593954 redpill
redpill's picture

Tell me you can't hear Rick Perry insisting that Iran has WMDs.

Wed, 08/24/2011 - 06:33 | 1594314 onthesquare
onthesquare's picture

How will we be able to tell when we are at war or not at war?

Wed, 08/24/2011 - 07:40 | 1594393 mochoajr
mochoajr's picture

If Congress declares it, then it's a war. Otherwise, it's a Kinetic Military Action.

Wed, 08/24/2011 - 09:48 | 1594780 CrockettAlmanac.com
CrockettAlmanac.com's picture

Undeclared wars used to be called "police actions" until the phrase "world's policeman" became a pejorative.

Wed, 08/24/2011 - 09:57 | 1594817 mtomato2
mtomato2's picture

We've ALWAYS been at war... With Oceana, right?  Um, right?  Or was it Eurasia?...  Or East asia.  I can never remember. 

Anyways, do your patirotic duty and fund it!

Wed, 08/24/2011 - 07:46 | 1594405 my puppy for prez
my puppy for prez's picture

In regards to your comment, people should know that a series of "exercises" is going on in this country called VIBRANT RESPONSE 12.  It coordinates local and state law enforcement, state guards, national guard, and the US MILITARY into a response force in the event of an "emergency" or "unrest".  The last one was in August in southern Indiana (where I am from originally).

They are preparing for SOMETHING, folks.....and the number 12 on the end....what does THAT signify?  Could it be that we will have some "emergency" in 2012, right before the elections?  These exercises last roughly a week.  Wow!  That's a lot of "preparedness", no?

Google this:  VIBRANT RESPONSE 12

(Also know that the FEMA has been buying and stockpiling MILLIONS of survival meals...) 

Wed, 08/24/2011 - 09:52 | 1594796 CrockettAlmanac.com
CrockettAlmanac.com's picture

But internment camps are good for the economy! They're already creating jobs:

 

Internment / Resettlement Specialist (31E)

http://www.goarmy.com/careers-and-jobs/browse-career-and-job-categories/...

Wed, 08/24/2011 - 12:23 | 1595482 bread n circuses
bread n circuses's picture

The description is vague enough to plausibly deny that it is for detaining and resettling US citizens.  However, notice that, while it is clear that the position will be directly interacting with the detainees (..."Provide counseling and guidance to individual prisoners"), there are no requirements or special training needs for foreign language or "cultural sensitivity" training or anything of the sort.

Scary.

Wed, 08/24/2011 - 10:49 | 1594812 Escapeclaws
Escapeclaws's picture

Oh no, not more quelling! Every time I see the word "unrest", I know that quelling cannot be far behind.

Wed, 08/24/2011 - 03:10 | 1594114 Dasa Slooofoot
Dasa Slooofoot's picture

Judging by his prior posts and his "friends" at the link Tyler provided, this is real. 

 

 

Wed, 08/24/2011 - 07:18 | 1594367 jus_lite_reading
jus_lite_reading's picture

NO its not crazy because after the Japan EQ all the fucks on CNBS said that it was a super bullish event!!!!! THAT ol fucker said more deaths equals more GDP!!!!!!!! SAME AS KRUGMAN!!!!!!!!!!!

BTW BLESS YOU TD!!!!!!!!!!

Wed, 08/24/2011 - 12:08 | 1595413 forexskin
forexskin's picture

it appears to be genuine, since the original has been 'disappeared'.

http://ow.ly/i/gcYz/original

Wed, 08/24/2011 - 12:24 | 1595483 Manthong
Manthong's picture

He had better jump on this if it isn't true.

Blatant example of the "Broken Window Fallacy".

Economics 101.

http://en.wikipedia.org/wiki/Parable_of_the_broken_window

Wed, 08/24/2011 - 01:34 | 1593927 TruthInSunshine
TruthInSunshine's picture

 

 

I honestly believe that Krugman is losing his marbles.

Who will be the first to file a petition in the New York court system, with an affidavit testifying that Krugman now poses an imminent threat to the welfare and/or safety of himself and/or others?

First, a staged, hostile extraterrestrial invasion of planet earth, ala War of the Worlds style, and now this, all in the spate of a week, from Krugman.

What will he say or do next?

We're worried about you, Paul. Leave the dark church of Keynesian Voodoo.

Wed, 08/24/2011 - 01:40 | 1593941 alexwest
alexwest's picture

did he have any? i wonder..

,but i agree he's losing his mind ... well 3 years in so called recovery YET   BIGGEST DEFICIT , RECORD UNDER/UNEPLOYEMNT, HOUSING IS FUCKED..

so basically scam aka goverment spending keeps on running..but i guess time is running out

 

alx

Wed, 08/24/2011 - 07:50 | 1594415 my puppy for prez
my puppy for prez's picture

No....deep down, Krugman is simply a MALTHUSIAN!  He and his ilk are definitely believers in population control and actual depopulation!  They are evil and dangerous people.

Other notable Malthusians are:  Kissinger, Robert Muller, Bill Gates, Oprah, Al Gore, Rockefeller, and the list goes on......

Wed, 08/24/2011 - 09:45 | 1594769 trav7777
trav7777's picture

I'm not...I believe it's better to let them starve to death than to never have them at all.  Viva la perpetual growth!!

Wed, 08/24/2011 - 01:39 | 1593939 Burnbright
Burnbright's picture

I still don't understand the logic behind the argument that destroyed buildings and lives = prosperity. Sure you can increase GDP by increasing government spending but... how does having to do work replacing something you already owned increase your wealth? That would be like saying theft, another form of capital destruction, is good for economic growth.

Wed, 08/24/2011 - 01:43 | 1593949 alexwest
alexwest's picture

its easy..

Krugman think money grows on trees, so it just matter of little physcial activity to get some money and throw on economy..

WHAT ALL THOSE CLOWNS DONT SEE OR DONT WANT TO SEE IS OTHER SIDE OF LEDGER , so money spent need to be  taken from somewhere ? so net-net  taking money from individuals and giving to anothe ones is simply  stupid

 

alx

Wed, 08/24/2011 - 02:14 | 1594028 narnia
narnia's picture

Krugman is correct that it is a national tragedy that workforce participation is as low as it is & unemployment is over 20%.  It is also an almost equal tragedy that of those employed, over 60%, after terrible commutes, are sitting behind desks for 50 hours a week getting fat while building bombs, working in finance, or othwise producing hardly anything of value working for or in some function complying with the government...  while their children are in day care or some crappy public school that's worse than day care.

Might as well let Krugman fly the death star into the sun. The sooner the better.  Let's lobby to get something out of it- like block grants for free wifi, local farming & decentralized energy.  Most Americans will see value in that, unlike unnecessarily rebuilt Starbucks or whatever Obama's major contributors suggest.

 

 

Wed, 08/24/2011 - 07:53 | 1594421 my puppy for prez
my puppy for prez's picture

I am TOTALLY for local farming!  Much healthier, less corrupt!  Death to Monsanto!

Wed, 08/24/2011 - 09:56 | 1594815 CrockettAlmanac.com
CrockettAlmanac.com's picture

Might as well let Krugman fly the death star into the sun

 

Pink Floyd 1968 Set the Controls For The Heart Of The Sun

 

http://www.youtube.com/watch?v=Vcd0sQLRHl4

Wed, 08/24/2011 - 01:48 | 1593963 Jasper M
Jasper M's picture

It is ExActly like that!

His ilk believe there are untapped potential in humans that only horrendous tragedy can bring out, and they point to WW2, and that idiotic book "Greatest Generation" as validation. Since we got off relatively lightly in WW2, it looks golden to American historians. 

But I think he should not be silenced. We Need his example, lest we forget what his kind are really about. Like we need Cuba, to show us where communism leads. 

Wed, 08/24/2011 - 10:01 | 1594835 trav7777
trav7777's picture

yes, WW2 was an elective war for us.  There is 0% chance Germany would have ever invaded the USA and 0% the Japs would have either.  Germany lacked the navy and Japan lacked the army.

The tide had already turned on the Germans after the destruction of 6th Army and they were defeated on the Eastern Front long before we entered the war.  Yet we congratulate ourselves for winning WW2.  Sure, we did defeat Japan but we did not win the war in Europe.

Wed, 08/24/2011 - 06:36 | 1594316 onthesquare
onthesquare's picture

According to ancient tales; the Pheonix rises after the destruction by fire.  This happens every 500 years.  If this is true then US has over 260 years left.

sweet

Wed, 08/24/2011 - 01:39 | 1593940 rajat_bhatia
rajat_bhatia's picture

Bang the Psychopath Bitchez!

Wed, 08/24/2011 - 01:40 | 1593942 Blorf
Blorf's picture

Why doesn't Krugman just institute his own stimulus program by burning down the NYT building?  Why wait for natural disasters when we can cause our own?

 

Every time I see Krugman, I think of Frank from Donnie Darko (the homicidal rabbit).  Can we just replace all of his pictures with Frank?  "Burn it to the ground" - Paul Krugman

Wed, 08/24/2011 - 12:31 | 1595513 bread n circuses
bread n circuses's picture

That is not the destruction he is looking for.  He wants you to suffer and sacrifice for the sake of the all-important GDP, not him and his.

Wed, 08/24/2011 - 01:41 | 1593944 Moe Howard
Moe Howard's picture

Broken windows bitchez

Wed, 08/24/2011 - 01:48 | 1593962 TruthInSunshine
TruthInSunshine's picture

 

 

Krugman is roving the streets, smashing every window he is able to, in what he believes is a heroic attempt to do his "small part" to stoke GDP.

Do not let Krugman near a nuclear power plant or public utility, for who knows what lengths he will to in order to prosecute his Machiavellian-Keynesian economic theory upon the world.

Wed, 08/24/2011 - 01:54 | 1593985 SumSUN
SumSUN's picture

Damn that was funny.

Wed, 08/24/2011 - 01:56 | 1593989 Toe Cutter
Toe Cutter's picture

Ha Ha Ha!!! Great image you just gave me! Krugman & Crowbar Inc. Walking downtown smashing windows with a crazy look on his face, one sleeve of his shirt torn off. "Hey man, what the hell are you doing?" I am spurring economic growth!! Yelling up at the sky, come and get me you alien bastards!!!

Sorry, just ran with it.

Wed, 08/24/2011 - 02:43 | 1594075 TruthInSunshine
TruthInSunshine's picture

 

"Krugman & Crowbar Inc. Walking downtown smashing windows with a crazy look on his face, one sleeve of his sh… (cont) http://t.co/tyV8svc

zerohedge 43 minutes ago

Your comment is being tweeted by ZH.

I do hope Krugman sees it.

LULZ.

Wed, 08/24/2011 - 10:05 | 1594846 mtomato2
mtomato2's picture

Hey:  You want a toe?  I can get you a toe...

Wed, 08/24/2011 - 01:44 | 1593948 Jasper M
Jasper M's picture

First they came for the lunatics . . . 

and I was sient, because I was not a lunatic.

Then they came for the banksters..

And, again, I was silent, as I was not a bankster.

Then they came for the Keynsians, so again, I was silent.

And then they came to me . . . and said "Okay, we've cleaned up the place, safe to go out now. Carry on!"

And we lived Happily Ever After.

 

Wed, 08/24/2011 - 07:56 | 1594424 my puppy for prez
my puppy for prez's picture

Love it!  Very clever.....

Will you let us know when it is okay to come out?   :  )

Wed, 08/24/2011 - 01:47 | 1593957 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Not at all hard-to-believe...

Wed, 08/24/2011 - 01:49 | 1593960 DaBernank
DaBernank's picture

Maybe an impostor has been writing those Op-Ed articles all along.

Wed, 08/24/2011 - 01:49 | 1593965 Toe Cutter
Toe Cutter's picture

Wouldn't surprise me if it really was his account. The guy is losing it. He's got a hard on for aliens and now destructive earthquakes. Something weird about a grown man "tweeting" don't you think? 

Wed, 08/24/2011 - 01:53 | 1593967 asdasmos
asdasmos's picture

.

Wed, 08/24/2011 - 02:07 | 1594015 HowardBeale
HowardBeale's picture

Maybe, in true Krugmanesque fashion, "they" could have Blackwater/Z/whatever-the-fuck-the-crime-family-calls-itself kill off all members of the house and senate, and blame it on space aliens: imagine the galactic stimulus spending that would occur to buy new stars for the show-business-for-ugly-people business, not to mention the rash of IPOs that Wall Street could conjur to preemptively protect America's non-negiotiable way of life. Bullish! Kill them all...they!

Wed, 08/24/2011 - 01:51 | 1593974 oobrien
oobrien's picture

Fuck Paul Krugman.

The clown is just another Princeton asshat.

The best in the business is Gerald Celente.

http://www.geraldcelente.proboards.com/index.cgi?board=general&action=display&thread=1724

Say what you will.

But the little Italian motherfucker gets shit right.

Wed, 08/24/2011 - 08:02 | 1594436 my puppy for prez
my puppy for prez's picture

The only thing I would disagree with Celente on is his idea of a direct democracy.  Given, our "leaders" really are criminal, but can you imagine the idiotic, ignorant sheeple voting for whatever issue came up?  Direct democracy has some inherent dangers.  How about some serious TERM LIMITS and SERIOUS PAY CUTS instead?

BTW:  Ron Paul has never voted for a pay increase, and he does not participate in the congressional pension plan.  Amazing!

Wed, 08/24/2011 - 10:29 | 1594951 marsdefIAnCe
marsdefIAnCe's picture

you don't seem to really be logically consistent

 

if the people can not be trusted to vote, obviously we need specialists/congress

 

if they are so important, why not pay them well?

 

typically RP

Wed, 08/24/2011 - 12:02 | 1595384 damage
damage's picture

Uhm, you missed his point totally dude.

 

Direct democracy just means 51% of the population can tell 49% of the population to be their slaves. Represenative democracy just means speedier change between dictators... NEITHER is the answer.

 

Sure you should have democratically elected leaders, but they should be limited in power. The senate was never intended to be popularly elected for a reason, but they aren't allowed to allocate spending, the house does that, who are popularly elected. However the senate was supposed to act as a gridlocker of sorts to keep the majority from passing stupid ass shit... also again..our problems are not due to lack of democracy, but rather the complete erosion of the rule of law in our REPUBLIC.

Wed, 08/24/2011 - 01:52 | 1593978 HowardBeale
HowardBeale's picture

Krugman's got miles of morally impoverished highway to descend in order to get to the extreme sociopathic depths of what the greatest scumbag ever broadcast on public television had to say regarding the March 11th tsunami in Japan: "Fortunately, the human toll was much greater than the physical toll," a paraphrase, indicating that Larry (I'll suck your cock for the right price) Kudlow was relieved that 25,000 useless Japs were killed...

Wed, 08/24/2011 - 01:53 | 1593979 hedgehogging
hedgehogging's picture

Desperate Economist??? Desperate for government spending and hoping an earthquake to take properties and lives? Yes, hopefully the earthquake will swallow Krugman. Dumb ass.

Wed, 08/24/2011 - 01:53 | 1593981 AnAnonymous
AnAnonymous's picture

Back to the roots: as US citizens can not destroy what Krugmann conveys(tells about the quality of US citizens by the way), they substitute a fake version easier to manipulate,  giving them grip to achieve what they want to do.

How funny, the number of times they have done it. US citizens state: "They are doomed to fail" and in actuality, you see US citizens operating as the driving force behind the demise. Concluding "They would have failed anyway"

Anything goes to deny responsibility in this US driven world.

Wed, 08/24/2011 - 01:58 | 1593999 faustian bargain
faustian bargain's picture

To which US citizens are you referring? I think you probably have someone specific in mind, why don't you call them out?

Wed, 08/24/2011 - 04:30 | 1594208 AnAnonymous
AnAnonymous's picture

Nope. Nobody peculiar in mind. It is a general trait exhibited by US citizens.

This comment section is another large display of the trend.

Even when warned that the piece is likely to be a fake, US citizens treat it as if it was fact, infering from it, pouring wantonly non sensical hate as US citizens love to do. Mob lynching mind set is so ingrained in the US citizen make.

US citizens nature is eternal.

They express it even when warned it might serve an experiment to validate some of their traits.

Never in the history of humanity, people have displayed such a disdain for freedom as US citizens do. Their failure at behaving even on an internet forum is appaling.

US world order.

Wed, 08/24/2011 - 05:13 | 1594237 akak
akak's picture

God you are an annoying and tiresome one-note braying jackass.

Please go fuck yourself --- and be sure to use a non-American made dildo when you do.  I hear that the Chinese-made ones are lead-coated and melamine-laced --- you know, for that extra and very special sexual stimulation that only anally-delivered toxins can provide.  Enjoy!

Wed, 08/24/2011 - 05:55 | 1594277 AnAnonymous
AnAnonymous's picture

Nah. Wrong.

US citizens are monodimensional. Anyone pointing at that therefore sounds monodimensional.

Projection is something deep in US citizens.

But hey, once again, US citizens nature is eternal. Being unable to stand for what they are is part of them. And comments like that one, looking at the finger instead of looking at the Moon is very US citizenish.

It seems to be that there is a Confucius quote like that: "when the wise man points at the moon, the idiot looks at the finger"

Save that US citizens are not idiots, they are US citizens.

Wed, 08/24/2011 - 06:46 | 1594330 nmewn
nmewn's picture

"when the wise man points at the moon, the idiot looks at the finger"

Its because you got a booger on your finger "wise ass".

Now go gaze at the lint in your navel and obsess a little more about what the "the US citizen" thinks or is.

Wed, 08/24/2011 - 10:57 | 1595109 AnAnonymous
AnAnonymous's picture

The US world order can indeed be a dirty place. Pointing at the US citizen eternal nature comes with consequences. That I do accept. Because it is a marker of US citizens to avoid the negative consequences of their actions.

Wed, 08/24/2011 - 18:47 | 1597033 nmewn
nmewn's picture

"Because it is a marker of US citizens to avoid the negative consequences of their actions."

You're bitter, I can tell. I'm thinkin you've failed your US citizenship test at least three times.

Its got you all balled up, constipated, cranky...lol. You need to let go of some of that rage and feelings of rejection. You should take it out on the closest monarch or dictator to you...you'll feel much better about yourself ;-)

Wed, 08/24/2011 - 08:08 | 1594447 StychoKiller
StychoKiller's picture

Why did Bhodidharma come from the West?

Wed, 08/24/2011 - 10:14 | 1594878 Escapeclaws
Escapeclaws's picture

Pardon us, but we can't live without our 2 minutes hate. It really doesn't matter whether Krugman said this or it was done by an imposter using his name, it is perception that counts. Now to get back to throwing my dictionary (Websters Unabridged double plus good edition) at the screen.

Wed, 08/24/2011 - 10:55 | 1595101 AnAnonymous
AnAnonymous's picture

Two minutes? No. A life time of wanton hatred.

It is part of the US citizen eternal nature.

Wed, 08/24/2011 - 11:35 | 1595195 Escapeclaws
Escapeclaws's picture

Are you a victim of road rage or something? Yes there does seem to be this pathology in the American character, which also manifests itself in suspiciousness and hostility toward strangers--which you can experience just by walking down the street. America is the only country I've been in and experienced first hand where someone on the street will say something insulting or hurtful with absolutely no provocation beforehand to a perfect stranger. It's called lack of civility; Americans just don't seem to respect boundaries between people and have a tendency to judge whether a perfect stranger is good or evil. I've only noticed this from white Americans, not Hispanics or Blacks. So I believe I understand what you are saying. At the same time, sometimes it's just a matter of allaying their suspicions and then they can be friendly. But the place is getting worse with the depression and the erosion of the Bill of Rights. These attitudes are pretty hard to cope with and it's a bit like living next door to a landfill. I prefer to live elsewhere if I can, where people basically live and let live.

 

Wed, 08/24/2011 - 02:05 | 1594010 Toe Cutter
Toe Cutter's picture

Are you the real Paul Krugman?

Wed, 08/24/2011 - 01:54 | 1593984 zebra
zebra's picture

this has to be fake. PK wouldn't set for anything less than a nuclear diaster.

Wed, 08/24/2011 - 01:55 | 1593988 pcrs
pcrs's picture

All his property should be destroyed to boost his spending.

Wed, 08/24/2011 - 01:58 | 1593992 Spaceman Spiff
Spaceman Spiff's picture

There is an option to report the profile as fake.   They then check it out.   They say if it is up in a few days that it has been verified.   If enough people report it AS FAKE, then we will get an answer to its authenticity.   It is tempting to report it as something else.

Wed, 08/24/2011 - 01:58 | 1593994 barliman
barliman's picture

 

Regardless of whether he posted "this" piece of idiocy, the "alien invasion" piece by itself is sufficient to have him comitted. Unfortunately, "He's crazy, not stupid" Krugman is unlikely to be found in any jurisdiction where he COULD be comitted.

However, on the off chance he has started reading ZH and might read this comment:

'Paul, this is Dr. Phil. You know you can trust me Paul. Go to your happy place. Listen to only to my voice. You are loved Paul. Countless millions of people look to you to show them the way. It is time for YOUR voice to be heard and FOLLOWED. There is only one way to accomplish this goal. You must sacrifice yourself for the greater good. The shock of losing your guidance will cause people to rise up even more than the despicable Tea Party and demand that Obama and the Congress immediately pass a $ 10 trillion stimulus bill (The Paul Krugman Memorial Stimulus Bill) that will turn everything around and prove you have been right all along. You will wake up as I count to three and be filled with this new purpose. One. Two. Three!"

barliman

Wed, 08/24/2011 - 02:00 | 1594002 faustian bargain
faustian bargain's picture

I don't know what just happened...but where do I send my donation?

Wed, 08/24/2011 - 01:59 | 1594001 AldousHuxley
AldousHuxley's picture

Krugman is losing it these days.

 

He should just go to his window and yell out. "I am mad as hell. I won't take this anymore"

 

NETWORK 1977

http://www.youtube.com/watch?v=QMBZDwf9dok

 

Wed, 08/24/2011 - 02:02 | 1594007 mfoste1
mfoste1's picture

^+1.2 trillion

Wed, 08/24/2011 - 02:01 | 1594004 mfoste1
mfoste1's picture

ahh, krugman (*sighs*)

Wed, 08/24/2011 - 02:02 | 1594008 speconomist
speconomist's picture

Krugman ... looks like you're losing!

Krugman... I loathe you!

http://www.youtube.com/watch?v=NzdhKM5o1V8

by Bob Murphy

Wed, 08/24/2011 - 03:03 | 1594009 reader2010
reader2010's picture

Many of those assholes live in an age of 

 

Narcissistic personality disorder. That's it. And one picture is worth 10K words. Here's the slightly modified version of Narcissus by CaravaggioPaul Krugman gazing at his own reflection.

 

http://farm7.static.flickr.com/6081/6075910068_c38a75eff5_b.jpg

 

Wed, 08/24/2011 - 04:24 | 1594200 akak
akak's picture

That painting would be more accurate if Paul were gazing into a fetid pool of vomit --- or an overused toilet in a New York City subway station.

Wed, 08/24/2011 - 02:12 | 1594024 FrankDrakman
FrankDrakman's picture

Paging M. Bastiat! Paging M. Bastiat!

 

The Parisian Association of Glaziers

Wed, 08/24/2011 - 02:13 | 1594026 choorles
choorles's picture

this is highly amusing... krugman calling for an alien invasion to rally the world economy takes the cake... cmon man... www.silverrevolucion.com

Wed, 08/24/2011 - 02:16 | 1594033 bgilliam83
bgilliam83's picture

it's a fake you dumb ass.  Unless you believe he uses his own wikipedia picture for his profile

Wed, 08/24/2011 - 02:20 | 1594040 faustian bargain
faustian bargain's picture

Maybe he wrote his own wikipedia article.

Wed, 08/24/2011 - 03:13 | 1594117 Dasa Slooofoot
Dasa Slooofoot's picture

Click the link.  It doesn't look like a parody at all.  This is real. 

Wed, 08/24/2011 - 03:21 | 1594127 bgilliam83
bgilliam83's picture

haha wow.  I stand corrected.  Apologies Mr. Durden

Wed, 08/24/2011 - 02:31 | 1594054 bigredmachine
bigredmachine's picture

sounds like one of your own meatheads  comment.  

Wed, 08/24/2011 - 02:38 | 1594067 Yen Cross
Yen Cross's picture

ef-fer-ves-cent>

Wed, 08/24/2011 - 02:49 | 1594084 chump666
chump666's picture

Krugman is a a-wipe fake account or not.

ZH, you getting the CDS main/crossover spreads. You got bloomberg charts?  It's gotta be banking spreads causing this right?  No wonder asia flipped

Wed, 08/24/2011 - 02:49 | 1594086 Yen Cross
Yen Cross's picture

 Like the Fibi on gbp & eur?

Wed, 08/24/2011 - 02:55 | 1594100 BlackholeDivestment
BlackholeDivestment's picture

...Krugman, the aliens are calling you boy. lol. http://www.youtube.com/watch?v=HMx4fC6lgys&feature=fvsr

Wed, 08/24/2011 - 03:03 | 1594107 Hobbleknee
Hobbleknee's picture

Another pathetic thing about Krugman is that he doesn't even understand the point of the alien threat. The was point was that it brought world peace, not that it stimulated the economy.

Wed, 08/24/2011 - 03:06 | 1594110 Debugas
Debugas's picture

broken window fallacy all over

 

http://freedomkeys.com/window.htm

Wed, 08/24/2011 - 03:09 | 1594112 yabs
yabs's picture

Krugman has to be one of the dumbesxt f*ks on the p,lanet

when will he see that his policies are garbage?

hasn't the experience in Japan of two lost keynesian decades plus the earthquake proved beyone a doubt that what he says is plain nonsense

Wed, 08/24/2011 - 03:12 | 1594116 carbonmutant
carbonmutant's picture

One can only imagine the kind of destruction this administration is planning in order to hold on to power...

Wed, 08/24/2011 - 03:16 | 1594122 jez
jez's picture

I heard the same sort of reasoning in the aftermath of Hurricane Katrina: all this rebuilding will be good for the economy.

But why wait for these lovely natural disasters to pull you out of your economic mire? I've said it before: you have a perfectly good air force which could right now be bombing the shit out of US cities and so making you all rich. Exactly the same logic.

Wed, 08/24/2011 - 03:22 | 1594128 jmc8888
jmc8888's picture

Just like then they'll buy already built trailers.  Whoops.

Wed, 08/24/2011 - 03:20 | 1594125 jmc8888
jmc8888's picture

If true....

That's more messed up than a Walgreen's pharmacy after an earthquake.

Perhaps Pauly Shore Krugman got the wrong meds?

I wonder what 'model' he was using? No doubt the anorexic heroin addict one.

Be sure to teach such gems to your students.  They're going to need such pearls of wisdom in upcoming years as you screw the people and hope they don't  notice based on similar 'models'. Gotta teach the merits of things like Cost Effectiveness Research, and Quality Adjusted Life Years.

Just remember take a life insurance policy out on everyone before the earthquake, and then if anyone dies, you win! 

One wonders if he ever worked on something involving Union Carbide and Bopal.

Of course the idiot doesn't even think about Glass-Steagall. Why do what's right when you can just advocate war, death, and a much more 'fun' way to recreate the Chinese building miracle, this time involving explosions and depleted uranium.  What's that they just got a fresh shipment in from Japan? Gotta unload it somewhere.

I see a monkey (Krugman) and some darts with one side Syria, the other side Iran.  With the wall being Venezuela.  (it's a late entry gaining steam with their demands for gold...from the BoE)

Oh yeah, so I wonder if Krugman will ask the Queen if she'll let him talk to her man in Libya.  You know, the one that's going to be running the national transitional council Mustafa Abdul Jalil.  Hey Krugman...how much did we boost ourselves in that war?  I guess we don't have any figures since congress didn't authorize it.  Can you nail it down per special forces soldier? How about per CIA?  Both together would be great. But I'll take per AWACS if that's all we can get.  Bonus points per painted laser strike.  Wow I can feel the recovery already!

Poor Libyan bastards. Ask Egyptians how free they are.

Oh and one more thing Krugsy, when you help build a casino on wall street, make sure it actually works out.  Otherwise well, those people don't play around.

What's the cost of a human life? Krugsy's got a modelling app for that!

Wed, 08/24/2011 - 03:19 | 1594126 Rick Blaine
Rick Blaine's picture

Taking this at face value, it's fascinating on several levels...

First, this is the same two-bit ass clown who will blame any act of senseless violence in the country on Tea Partiers - even when the perp was admittedly a Marxist or something - and then have the balls to call those who disagree with him "crazies."

Second, although a point can be made that having to rebuild stuff "creates jobs," etc., such can only be valid IF that rebuilding is affordable - that is, if the entity can actually pay for it.

We, like Japan, are out of money, professor.

Next he'll probably suggest that the federal government should intentionally destroy like 20 million houses across the country in order to "stimulate" another housing boom to spawn a new era of "growth."

...just another indication that Nobel Prizes are now worthless.

Wed, 08/24/2011 - 03:30 | 1594138 Rick Blaine
Rick Blaine's picture

After looking at that Google Plus account, I'm about 99% sure it's fake...

However, I'm also 99% sure that Krugman would agree with what Fake Krugman wrote.

Wed, 08/24/2011 - 05:56 | 1594279 AnAnonymous
AnAnonymous's picture

One thing to be taken at face value: US citizens nature. It is eternal and immutable.

Wed, 08/24/2011 - 03:27 | 1594134 nyse
nyse's picture

Typical Keynesian response.

"That's the ticket!"

Wed, 08/24/2011 - 03:34 | 1594136 linrom
linrom's picture

.....

Wed, 08/24/2011 - 03:35 | 1594142 faustian bargain
faustian bargain's picture

Who wants an unbiased blogger? Krugman doesn't need any help discrediting himself. This is just pure amusement.

Wed, 08/24/2011 - 03:47 | 1594152 linrom
linrom's picture

A new low for ZH, commenting on posts by anonymous poster who calls himself Paul Krugman.

Wed, 08/24/2011 - 04:22 | 1594195 akak
akak's picture

If the size 23 Keynesian clown shoe fits ......

Wed, 08/24/2011 - 04:35 | 1594216 AnAnonymous
AnAnonymous's picture

A new low for ZH, commenting on posts by anonymous poster who calls himself Paul Krugman.

/////////////////////////////////////////////////////////////////////////////////////////////

US citizens can not self limit. The concept of new low is void of any meaning. There is no bottom for US citizens. New low is only instaneous tracking on their path downwards. Useless to record as they are destined to go lower.

Wed, 08/24/2011 - 13:38 | 1595857 akak
akak's picture

OK, you asked for it:

http://trololololololololololo.com/

Wed, 08/24/2011 - 03:33 | 1594139 faustian bargain
faustian bargain's picture

Sad that there are still a couple of die-hard Krugman fanboys commenting on his google+ post, desperately defending their champion. Paradox of thrift indeed. Punish those cash hoarders! Inflate! Inflate! Consume! Consume!

Wed, 08/24/2011 - 03:41 | 1594145 Dabale arroz a ...
Dabale arroz a la zorra el abad's picture

Even if the real Krugman said this, what the post doesn't say is that he wishes the earthquake had caused more damage. It is just an analysis. Maybe that is true, more GDP would have been produced (which actually shows GDP is not something to may much attention to).

Wed, 08/24/2011 - 03:46 | 1594149 faustian bargain
faustian bargain's picture

but he didn't say GDP, he said 'economic growth'. And it doesn't matter if he wishes it or not, it's just false to assert that destruction causes economic growth.

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