https://www.youtube.com/watch?v=jEmKIRqz9AI&feature=player_embedded
TO WATCH 13:20 video
Who doesn't like a good debate?
But Nobel winning economist/NYTIMES columnist Paul Krugman...and libertarian GOP prez candidate Ron Paul...debate...nay...argue...over USA economics and 'The Fed'...on Bloomberg TV.
Now...Krugman is being criticized for snobbery...insulting Paul's rabid followers on his blog: "If Ron Paul got on TV and said 'Gah gah goo goo debasement! theft!...which is a rough summary of what he actually did say...his supporters would say that he won the debate hands down; I don't think my supporters are quite the same...'
AND: NEW!!! Krugman told Bloomberg that the recent shift in EU thinking from austerity to growth...comes almost too late.
Krugman was an early and strong advocate for more stimulus.
He repeatedly called austerity self-defeating...and that the ideological 'austerians' were ignorant of its ills...risking "Europe's economic suicide.'
http://www.bloomberg.com/news/2012-05-02/krugman-wishes-he-was-wrong-amid-eu-austerity-backlash.html
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