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Jan 29, 2023 · What with everything else going on, haven't commented on proposed currency union between Argentina and Brazil. But it's a nice opportunity to apply the theory of Optimum Currency Areas — which tells us that it's a terrible idea 1/
Mar 12, 2023 · Paul Krugman. @paulkrugman. ·. Mar 12. SVB did indeed provide services to startups — loans, investment guidance, etc. But that wasn't where it made most of its money. Instead, it basically just attracted deposits and put the funds in long-term securities, a simple carry trade that went very wrong 2/ 10. 94. 418. Paul Krugman. @paulkrugman. ·.
Jan 30, 2023 · Paul Krugman. @paulkrugman. Like many economic observers, I'm waiting anxiously for tomorrow's release of the Employment Cost Index. But there may be a big problem of interpretation, illustrated below (I'll explain in a minute) 1/. 5:41 PM · Jan 30, 2023·. 174K. Views.
Sep 24, 2022 · Paul Krugman. @paulkrugman. ·. Sep 24. Since the 1990s, most currency crises have involved balance sheet effects: a country (either public or private sector, or both) has large external liabilities in foreign currency.
Sep 10, 2022 · Paul Krugman. @paulkrugman. ·. Sep 10, 2022. Replying to. @paulkrugman. To those of us who aren't Tucker Carlson, it seemed fairly obvious that the balance was swinging toward Ukraine: erosion of RU logistics, manpower and morale, growing Ukrainian striking power thanks to Western weapons. But very little movement on the ground 2/ 13. 161. 1,958.
Jul 21, 2022 · Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. Eight Times Opinion columnists revisit their incorrect predictions and bad advice — and reflect on...
Dec 14, 2022 · “Thoughts about inflation. It should go without saying that we need to be cautious. Yesterday's good report came <2 weeks after a nasty negative shock on wages. Much too soon to celebrate 1/”
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