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elleng

(130,131 posts)
Fri Mar 22, 2013, 03:58 PM Mar 2013

Treasure Island Trauma by Krugman

' “secrecy jurisdictions” where many rules don’t apply — undermine economies around the world. Not only do they bleed revenues from cash-strapped governments and enable corruption; they distort the flow of capital, helping to feed ever-bigger financial crises. . .

So don’t cry for Cyprus; cry for all of us, living in a world whose leaders seem determined not to learn from disaster.'

http://www.nytimes.com/2013/03/22/opinion/krugman-treasure-island-trauma.html?hp&_r=0

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Treasure Island Trauma by Krugman (Original Post) elleng Mar 2013 OP
It is easier to forgive being wrong than being correct Fumesucker Mar 2013 #1

Fumesucker

(45,851 posts)
1. It is easier to forgive being wrong than being correct
Fri Mar 22, 2013, 05:31 PM
Mar 2013

Our most noted pundits are those who have been consistently wrong, for Friedman Unit after Friedman Unit.

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