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Guest Post: Why Paul Krugman Is An Imbecile—or a Fraud

Courtesy of Tyler Durden

Submitted by the inimitable Gonzalo Lira

It is one or the other—there are no other alternatives. This wasn’t a casual blog where Krugman “misspoke”—this was a full-on editorial in the Sunday edition of the Times on Labor Day weekend. So what Krugman said was thought out, and dead serious—and so foolish or ridiculous (depending on your point of view) that he can no longer be taken seriously:

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