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Javier Milei Advocates Dollarization, But Paul Krugman Prefers Euro Adoption For Buenos Aires — Here's Why
Friday, August 18, 2023 - 4:19am | 466The pro-Libertarian presidential frontrunner of Argentina Javier Milei wants to do away with the peso for “dollarization.” But economist Paul Krugman has a different take. Milei believes dollarization is essential to tackle the 113% inflation rate. Economist Emilio Ocampo, an adviser to...
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Paul Krugman Draws Insights From WWII's Longest Campaign In Russia-Ukraine Conflict Analysis: 'Will There Be A Similar Tipping Point ...?'
Wednesday, August 16, 2023 - 3:32am | 399Nobel laureate Paul Krugman weighed in on the long-drawn battle between Russia and Ukraine and how it will potentially end. What Happened: The Russia-Ukraine war will be determined more by brains and open-mindedness than by tough-guy posturing, Krugman said in a New York Time op-ed piece published...
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Is Putin 'Starving The World'?: Political Scientist Unravels Russia's Strategy In Ukraine
Monday, August 14, 2023 - 6:46pm | 821The invasion of Ukraine by Russia in February 2022 has been one of the biggest stories around the world and for the public markets over the last year and a half. One of the biggest world items affected the most is the food supply, which has seen spikes in prices due to troubles with exports from...
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Paul Krugman Thinks China's Economic Woes Make It More Dangerous To Global Security: 'Autocratic Regimes Sometimes Respond ... With Foreign Adventurism'
Friday, August 11, 2023 - 7:51am | 606The week saw the release of two disconcerting data points from China, the second-largest economy in the world, casting a cloud on the post-reopening momentum. Nobel Prize-winning economist Paul Krugman in a recent New York Times op-ed offered his take on the state of the Chinese economy. What...
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Paul Krugman Attributes Global Food Inflation To Russia's Invasion Of Ukraine: 'We Would Definitely See Some Relief If...'
Thursday, August 10, 2023 - 5:57am | 391Paul Krugman, the renowned economist, attributes soaring food prices to Russia’s actions in Ukraine, Business Insider reported. Food inflation has surged, primarily due to Russia’s invasion of Ukraine, disrupting agriculture and escalating fertilizer and natural gas costs. The Food and...
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Buffett On US Rating Downgrade, BoA's Recession Forecast, Krugman On 'Bidenomics' And More: Economic Highlights This Week
Sunday, August 6, 2023 - 4:48am | 767This week in the economic sector was marked by significant developments and insights from industry leaders. Warren Buffett shared his views on the U.S. rating downgrade by Fitch, while JPMorgan CEO Jamie Dimon spoke about the economic storm clouds that remain. Bank of America withdrew its recession...
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Recession Or No Recession? Elon Musk Finds It 'Hard To Tell What The Heck Is Going On'
Friday, August 4, 2023 - 11:44pm | 460Elon Musk’s latest remark on the economy sparks intrigue as he ponders, “Hard to tell what the heck is going on,” amid the backdrop of positive job growth reports. What Happened: On Friday, it was reported that despite soaring interest rates reaching levels not seen in over...
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Paul Krugman: 'Quiet Quitting' Is 'Biting The Dust' As Non-Farm Productivity Growth Accelerates To 3-Year High
Thursday, August 3, 2023 - 3:47pm | 514Noted economist and Nobel laureate Paul Krugman on Thursday took stock of one specific data point to illustrate economic momentum. What Happened: Preliminary second-quarter productivity report released by the Bureau of Labor Statistics Thursday showed a 3.7% quarter-over-quarter increase in non-...
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Paul Krugman Wants To Know 'Inside Story' As Fitch Downgrades US Credit Rating: 'Strange Decision...I'll Be Shocked If Markets React'
Tuesday, August 1, 2023 - 11:31pm | 494Renowned economist Paul Krugman took to X, formerly known as Twitter, to react to Fitch Ratings downgrading the U.S. Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘AAA’ to ‘AA+’. What Happened: Krugman, a Nobel laureate and Op-Ed columnist for The New York...
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Paul Krugman Raves Over Bidenomics: 'Policy Is Pure Goldilocks That Set Economic Temperature Just Right'
Tuesday, August 1, 2023 - 11:23am | 432The spate of strong economic data suggests President Joe Biden's economic policy, aka Bidenomics, is alive and kicking, according to noted economist Paul Krugman. What Happened: Bidenomics looks a lot better in retrospect, signaling that the administration may have got it mostly right after all,...
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Paul Krugman Hints At Disinflation Era Kicking In: 'It Just Got Even Harder To Be An Inflation Pessimist'
Saturday, July 29, 2023 - 2:13pm | 422On Friday, noted economist Paul Krugman tweeted a message that should catch the attention of market participants. What Happened: “It just got even harder to be an inflation pessimist,” Krugman said. Price data is continuing to show disinflation, he added. In making his case, the...
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Paul Krugman Says Elon Musk Suffers From 'Tech Bro Syndrome' Amid Twitter Rebranding
Thursday, July 27, 2023 - 11:53pm | 433In his recent opinion piece, renowned economist Paul Krugman says Elon Musk‘s recent rebranding of Twitter to ‘X‘ is a manifestation of his ‘Tech Bro Syndrome,’ The New York Times reports. Musk’s Tech Bro Syndrome: Krugman expresses that Musk’s decision to...
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Buffett's Deficit Fix, Krugman's Inflation Comments And Dimon's Economic Worries: This Week's Economic Round-Up
Saturday, July 15, 2023 - 7:48pm | 619This week in economics was marked by insightful comments, strategic moves, and a few concerns. From Warren Buffett’s resurfaced solution for the US deficit to Paul Krugman’s question about June inflation, the economic landscape continues to evolve. Let’s delve into the details....
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Paul Krugman On Inflation: Soft Landing To Normal 'Looks Amazingly Within Reach,' But Isn't 'Guaranteed'
Friday, July 14, 2023 - 6:11am | 363Recent consumer inflation data suggests that the U.S. economy might be on its way to a soft landing, according to Nobel laureate economist Paul Krugman, Business Insider reports. This implies that the economy could return to normal inflation levels without a significant increase in unemployment....
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Paul Krugman Asks If June Inflation Print Is Just 'Another Head Fake' Or Real: 'History Makes Me Nervous'
Thursday, July 13, 2023 - 4:33am | 549The June inflation report came in softer than expected and raised hopes of pricing pressure beginning to inflect lower. Economist and Nobel laureate Paul Krugman offered his take on the numbers through a series of tweets. What Happened: “It's nice to see economists squabbling over who gets...