You may have noticed that I don't agree with Paul Krugman's assessment of the world and what should be done. It is with great joy then that he has managed to put himself on the record lately in a way that will be hard to backtrack when events turn out differently than he suggests (versus his standard M.O.).
-First off, we have this post where he argues that there are no bubbles in sight.
-Then there's this one where he describes gold's initial rebound from the April lows as simply a "dead ingot bounce".
-Then there's this one where he explains that the Nikkei dropped 7% because there is concern that the BOJ won't stick to its guns with respect to money-printing (versus the thought that maybe money-printing is actually the problem).
I believe that Mr. Krugman will be wrong on each and all of the above. See, I didn't hedge either.
