Economics and Politics by Paul Krugman - The Conscience of a Liberal - The New York Times - 0 views
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camiellalouisa sehidou on 04 Nov 15This article although an opinion piece is made up of many subtitles, the one I chose to focus on is Roosting chickens and Fed Bashing, It talks about how Druckenmiller keeps predicting economic dooms due to rising interest rates since he closed his business. Personally I feel this is like the quote we got that says, "looking at statistics...to save himself from having ignorance foisted on him", this article is about Krugman using his on look on statistics to see if Druckenmiller's predictions are accurate since some can say they were and others can say they weren't. Krugman gathers his knowledge from past experiences with 2008 crash and The Great Depression; with my own knowledge of the Great Depression and things that contributed to it's solution this drives me to say that government intervention and spending are what's needed to fluctuate the economy ( hence why people argue WWII was the real solution to the Depression due to it's massive spending).