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KRUGMAN: The US Is In 'Deeper And More Treacherous Waters Than Even The Pessimists Are Saying'
Business Insider ^ | 1-6-2017 | Bob Bryan

Posted on 01/06/2017 5:59:33 PM PST by blam

Bob Bryan
January 6, 2017

Paul Krugman is at a loss about the future of the Trump presidency, but he's not hopeful.

The Nobel-winning economist and New York Times columnist is concerned about possible connections between the president-elect and Russia.

"We are, I'd argue, in much deeper and more treacherous waters than even the pessimists are saying," Krugman tweeted Friday.

The election of Trump is tainted, Krugman said, because of the FBI's announcement weeks before Election Day regarding its reopened investigation into Hillary Clinton's email server, and because of the Russian hacking of the Democratic National Committee and Clinton campaign chair John Podesta.

"A clever, self-controlled Trump would be careful now to preserve appearances and wait for revenge; but instead he's confirming his status as Putin's poodle/stooge with every tweet," Krugman tweeted. "Pretty soon everyone will think of him as a Manchurian candidate, even those pretending not to."

In Krugman's assessment, once the idea takes hold that Trump's election was tainted, there are few options for how it could play out in a positive way.

(snip)

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: election; krugman; leftwingnuts; paulkrugman; politics; russia; russianhacking; russians; trump
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To: blam

Awarding Krugman the Nobel Prize in economics was the indication that the Bamster was a shoo in for the Peace Prize.


41 posted on 01/06/2017 6:53:28 PM PST by immadashell (Save Innocent Lives - ban gun free zones)
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To: KevinB

Paul Krugman. Has there ever been anybody more wrong more often? This guy seriously needs to be committed.
++++
You stole my punch line. And the answer to your query is NO, nobody is wrong more often than Paul Krugman.

So we should great Krugman predictions of trouble ahead for Trump as GOOD NEWS. I do. Coming from the almost always wrong Krugman.


42 posted on 01/06/2017 6:55:14 PM PST by InterceptPoint (Ted, you finally endorsed. About time.)
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To: blam

Krugman repeats the falsehood that Russians hacked Podesta’s email. Podesta fell for a transparent phishing scheme that succeeded in exposing his email because he didn’t have a secure password.


43 posted on 01/06/2017 6:56:16 PM PST by riverdawg
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To: KevinB

He’s off the wall.

I think he’s becoming print journalism’s Keith Olbermann.

.


44 posted on 01/06/2017 6:58:35 PM PST by Mears
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To: KarlInOhio

I watched the futures market closely in the overnight hours after Election Day. It was a beautiful thing. In the early hours after midnight, when Hillary! was building what seemed to be an insurmountable Electoral College lead (given the widespread belief in a Midwestern “blue wall”), the Dow futures plunged 700 points. Once Trump won Florida, Ohio, and North Carolina (states which the media expected to go for Hillary!), the Dow futures abruptly reversed and the Dow rose by 600 points the next day. This was a 1300 point turnaround in the space of 14 hours.


45 posted on 01/06/2017 7:06:46 PM PST by riverdawg
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To: blam
Don't call this silly -- tell me how this ends.

The American economy goes on a boom, democrats lose more senate seats in 2018, Trump gets re-elected, he and the republican governors defund the left into an obscure, regional party.

46 posted on 01/06/2017 7:32:22 PM PST by Vince Ferrer
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To: blam

Quick, grab the tin foil and get chicken little on the phone...this is Yuge!


47 posted on 01/06/2017 7:32:42 PM PST by parthian shot
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To: riverdawg
I watched the futures market closely in the overnight hours after Election Day. It was a beautiful thing. In the early hours after midnight, when Hillary! was building what seemed to be an insurmountable Electoral College lead (given the widespread belief in a Midwestern “blue wall”), the Dow futures plunged 700 points. Once Trump won Florida, Ohio, and North Carolina (states which the media expected to go for Hillary!), the Dow futures abruptly reversed and the Dow rose by 600 points the next day. This was a 1300 point turnaround in the space of 14 hours.

Which time zone are you in. I remember the futures market drop starting around 8 pm EST when the odds of Trump's win took a sudden climb.

http://money.cnn.com/2016/11/08/investing/global-markets-stocks-trump-clinton-us-presidential-election/

How much of that was from panicky Asian and European traders? Once the American markets opened on the morning of the 9th the climb was well underway. I had hoped for a longer drop because I was ready to buy, buy, buy. But by the time I had a chance to, the crash was already done.

48 posted on 01/06/2017 7:38:57 PM PST by KarlInOhio (a government contract becomes virtually a substitute for intellectual curiosity - Pres. Eisenhower)
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To: KarlInOhio

Eastern Time Zone. You are correct that the Dow futures were down substantially before midnight EDT. They were down about 700 points until Trump ran the table with Florida, Ohio, and North Carolina. When Pennsylvania was called from Trump, the futures began their turnaround, before the “blue wall” for Hillary! collapsed. By 2:30 am, when Fox and a few other networks began saying a Trump victory was likely, the futures were in a steep rise, turning dramatically positive.


49 posted on 01/06/2017 7:53:24 PM PST by riverdawg
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To: blam

Krugman needs to be fitted with a new jacket with the sleeves in the back. For his own safety.


50 posted on 01/06/2017 8:42:18 PM PST by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: KevinB

Krugman has this narrative written already about anyone registered as a Republican - he just tinkers around the edges with the “main idea” of the narrative to make the same point - any Republican is out of control / apocalypse now, etc. If Hillary Clinton could have been cloned with everything being identical except her voter registration being changed to Republican, that Hillary Clinton would have been cast by him as being totally nuts, etc. That is how far removed from any sort of reality he is.


51 posted on 01/06/2017 9:12:43 PM PST by Republican Wildcat
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To: riverdawg

Yes, it was the uncertainty, not the prospect of Trump winning that were causing them to drop - they thought maybe the election would be undecided and drug out, but it didn’t end up being even close.


52 posted on 01/06/2017 9:14:50 PM PST by Republican Wildcat
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To: blam

Paul Krugman may be correct about the peril of the U.S. economy because of the Obama Administration. However, trying to tie Donald to a Russian conspiracy against America’s economic interests is L.S.D. thinking. A strong U.S. economy is good for the entire world.


53 posted on 01/06/2017 9:26:41 PM PST by jonrick46 (uw)
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To: TigersEye

Maybe Krugman can sign up for the one way trip to Mars. He belongs on another planet.


54 posted on 01/06/2017 9:31:15 PM PST by jonrick46 (uw)
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To: ldish

Obama’s house of cards is about to fall down, and they have to lay the groundwork for the “Trump’s fault” narrative.


55 posted on 01/06/2017 10:25:18 PM PST by virgil (The evil that men do lives after them.)
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To: TigersEye

Not even suicide can ease krugman’s bitter effin’ pain.


56 posted on 01/06/2017 10:29:37 PM PST by Vision Thing (You see the depths of our hearts, and You love us the same...)
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To: blam

Time to start Photoshopping clown noses on these idiots.


57 posted on 01/07/2017 3:46:05 AM PST by AdaGray
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To: Vince Ferrer

And Krugman has an apoplectic fit.


58 posted on 01/07/2017 3:56:13 AM PST by rwa265
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To: KevinB

Remember the Maine


59 posted on 01/07/2017 8:03:50 AM PST by Titus-Maximus (It doesn't matter who votes for whom, it only matters who counts the votes - Joe Stalin)
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To: old curmudgeon

Where was Krug the Drug when the Russians paid Bill Clinton $500K for a bs speech.

Down payment for Uranium One


60 posted on 01/07/2017 8:05:41 AM PST by Titus-Maximus (It doesn't matter who votes for whom, it only matters who counts the votes - Joe Stalin)
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