Paul Krugman is in town today, speaking to the Economic Club of Canada, and he wasn't very optimistic about the future, but not for the reasons you might think. Krugman thinks that governments are not doing enough to stimulate their economies. Really? Yup, “We’re living in a time in which, for the time being, virtue is vice, prudence is folly.” What does he mean? Spend more dammit! Sigh.....
As I was saying about the pen and sword, read Peter Foster today in the Financial Post, he splays Krugman open and the insides aren't pretty.
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