Open Thread


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  1. “To all the Retardos and Retardettes– Are you going to trade and base your future with Krugman’s prediction?????!!!”

    No, I think I’d rather trade and base my future on the What’s prediction!

    Actually the What was a good trade for a while, but what’s that about a stopped clock? And he would never do the trades he called. Too bad, he would have made a lot of money.

  2. Wow – pretty quiet OT today.

    I went to an interesting lecture at the LSE this evening – yes! This one!

    “June 8 (Bloomberg) — The U.S. economy probably will emerge from the recession by September, Nobel Prize-winning economist Paul Krugman said.
    “I would not be surprised if the official end of the U.S. recession ends up being, in retrospect, dated sometime this summer,” he said in a lecture today at the London School of Economics. “Things seem to be getting worse more slowly. There’s some reason to think that we’re stabilizing.”

    That comment turned the market around today.

    Have you ever won a Nobel Prize?????

    Posted by: daveinbedstuy at June 8, 2009 3:58 PM”

    From where I was sitting, it certainly was not intended as a positive comment – almost throwaway. The main point of the lecture for me was why he didn’t think inflation is going to be a problem despite the Fed printing press working overtime.

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