Paul Krugman interview on Night Talk (Oct. 18, 2008)

[LargoWinch]

From Paul:

- "A rise in the unemployment rate to 7% seems almost certain and the odds of an increase to 8% are better than even."
My take: Hmm ok. sounds sensible.

- "They may need to be much more interventionist than they have been thus far."
My take: Of course! always take government spending plan figures and multiply by a factor of ten at least.

-"It's not clear there's enough money''
My take: Haha! Are you saying even nobel prize winners can be wrong? cause we have lots of trees in Canada...


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