Next Depression

July 2, 2010 at 7:43 pm Leave a comment

Paul Krugman: “We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, above all, to the millions of lives blighted by the absence of jobs — will nonetheless be immense.” Read the article.

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Entry filed under: Economy, Paul Krugman. Tags: , , , .

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