Monday, January 2, 2012

The Great Unraveling?




It strikes me that Paul Krugman, Professor of Economics and International Affairs at Princeton University, is a prophet for modern times. Above is a video of him in 2011 talking about living in surreal times.  Below is a link to an interview with Charlie Rose in 2003, where they discuss the US debt which was around $500 billion back then...and which is over $15 trillion now.
http://www.charlierose.com/view/interview/1810

Will his predictions on the Euro Zone come true in 2012?
http://krugman.blogs.nytimes.com/2011/10/23/deck-chairs-titanic/

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