Oh Jesus
by digby
Boy I hope he’s wrong about this:
Nobel Prize winning economist Paul Krugman said he thinks there’s a “reasonably high chance” the economy will contract in the second half of next year. On the “This Week” Roundtable, Krugman said he agreed with the assessment of fellow Nobel-winning economist Joseph Stiglitz that there is a significant chance the economy will shrink in 2010. “I would go with Joseph Stiglitz,” Krugman added, “I’m really worried about the second half.”
Atrios agrees.
Tim Geithner, on the other hand, is confident that everything’s coming up roses. Take your pick.
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