Thursday, October 16, 2008

Paul Krugman predicts "nasty" economic contraction

Paul Krugman, recent winner of the Nobel Prize in economics, puts forth this rather sobering statement at his indispensible blog:

"I confidently predict that this slump will be nasty, brutish, and long."

Uh, thanks, Dr. Krugman. Love the confidence. Ugh.

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