Spoon It Out

"It seems to me that if there were any logic to our language, trust would be a four letter word."
--Joel Goodson (Risky Business)

On the back of the last piece, this editorial by Paul Krugman. The basic thought that we may be entering (I think perhaps already into) a depressionary phase is one that has merit, but his explanation as to why and what to do about it is laughable. I'm continually amazed that a guy who is supposed to be so smart can spew such gibberish.

I'll leave it to the reader to test his claims against reason and evidence to assess their validity. You don't have to be a PhD to shoot holes thru this one.

Of course, he only spews this drivel because there's demand for it (supply follows demand).

Another data point that outsourcing your brain to 'specialists' like this guy is truly risky business.