Friday, March 9, 2012

message filed preemptively under.... returned to sender

note to paul krugman sent in a bottle:
you are a fool to buy ken rogoff's act
he's a complete corporate flunky like
marty feldstein amd greg mankiw
read this ...again if you read it once b4
http://www.imf.org/external/np/vc/2002/070202.HTM
note the middle passages on the asian crisis and macro policy
this guy is a stooge
playing pit bull for the big boys the serious ass holes
err people
you write
"Ken Rogoff and I differ seriously on the relative risks of public debt and failure to spend on job creation. One of us is wrong , which means that the other is giving bad advice. (And yes, I’m personally sure that I’m right — but that’s a different argument). But this is an argument in good faith."
nonsense
ken was praying for a stagnation back b4 the toxic crisis of 08
and of course he likes the romney robinson import absorption
ie a relative slow down in the defict traders expansion rate
he likes that solution over the forex adjustment solution
because corporate arbitrage profits are destroyed by the deval route
u won't see this ...but you really ought to