Back in July, BusinessWeek ran an article asking its audience, “Krugman or Paulson: Who You Gonna Bet On?” Krugman’s outlook on the economy was way too dark, the article suggested, forecasting a third depression, whereas Paulson’s was more evenhanded, noting that “we’re in the middle of a sustained recovery in the U.S.” and “the risk of a double dip is less than 10 percent.” The author stopped short of saying it, but, oh, Krugman knew what he was driving at. That the economist was a bearded fruit, Paulson, a “market wizard.” Today, deciding that sufficient time had passed to prove that you shoulda bet on the BF, Krugman sat down to his computer and banged out the closest approximation to an “in yo face!” that the Times will allow.
“Krugman or Paulson: Who You Gonna Bet On?” Sorry, can’t resist. That was the title of this Business Week article a few months ago. The tone made it pretty clear that if you had any sense, you’d ignore the bearded academic and go with the market wizard. So, how’s it going? I’m sure that if Paulson had proved right, there would be a followup article mocking yours truly. Wanna bet that there won’t be a piece saying that maybe professors know something that traders don’t?
*Big Swinging Academic.
What’s Dr. Krugman’s return this year? Is he above the HWM yet?
BW article will follow Sorkin’s apology.
Cat has better hair than he has.
steady job at NYTimes and stroking a cat is the NKI.
Did I miss that depression Krugman predicted? How bad was it?
I wonder if they asked him to pick the cat up for the photo so the readers really got a feel for what a BSA he is.
One of my college professors had BSA after his name. Still think it’s probably referring to Boy Scouts of America though…
In every photo, Dr. Krugman appears to be startled and frightened.
In this particular photo, Krugman appears to be protecting the cat from some unseen foe.
What a pussy
Two fuckin pussies.
Krugman is a fucking joke.
I was not aware Krugman had passed CFA Level III
krugman as matt hooper, noted woods hole oceanographer
paulson as quint, avid fisherman and original man vs. wild
gasbag as the shark
The Carl Sagan of economics
He’s heavy petting that Pussy, isn’t he? Sick, but right!
I bet Krugman needs a separate pair of bonobos for that pendulum-esque “academic.”
@7 he’s protecting it from the evil banker, Mary Bale.
http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-11087061
It’s been like 2 months there Kruggles… take it easy on the victory declarations
paulson blew this call not to metion buying gold at its peak,citi,bac and the rest!
“The debate over the economy can be thought of as a trade”
Wow, economics downgraded to a trade? ITT is the new Ivy!
Paulson is just a dumbass who got lucky/had the right connections at the right time
Krugman and Hatzius are right. always
Here’s your double dip scenario:
1) QE2 comes soon b/c of terrible numbers
2) 3 weeks after QE2 we’re fucked again
I would bet on krugman to get caught blowing obama behind the white house (after Timmy warmed him up)
July to August seems like the perfectly lenghty timetframe to determine the outcome of their respective positions … they were forecasting economic growth for the next month right?
Meaningless anyway as all their fancy narative aside, by blind luck alone one of them will be right
July to Aug seems like a perfectly reasonable timeframe to determine the outcome …they were forecasting two month growth rates, right? And we did see a “double dip” recession and a third depression in the past two months? We might have missed it though, that story about Michael Kevin Lallana and the jizzy juice kind of took over!
Krugman— reprobate