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Gaming Out a Sudden Stop

paulkrugman.substack.com

3 points by imichael 8 months ago · 1 comment

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fracus 8 months ago

My favourite passage..

"And the question is what happens if investors change their minds — if they decide that we’re an unserious country in which the governing party believes in voodoo economics and the president is an authoritarian ruler who spends much of his time rage-tweeting about popular musicians."

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