Meltdown Economics in Europe and the World

Paul Krugman just announced that “the water level has now dropped so far that the fuel rods are exposed. We really are in meltdown territory“. All because of ECB’s and Germans’ irresponsible behaviors and their push for austerity.

Japan has already melted down, Europe is on the verge of it, the US is not getting anywhere, and China is moving toward the stagflation territory. It seems to me that “world leaders" are eager to fulfill the “Mayan  prophecy".

Note: I just realized that Krugman did a three-hit combo on ECB and Very Serious People  in Germany. Bravo! Dr. Kn.

http://wp.me/pXZbk-n6

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