No Shit, Sherlock. Er, Dr. Sherlock you.

Paul Krugman hesitates to sound the alarm...

I'll pull it:  the American economy is going to tank -- with gas, food and housing costs significantly rising again -- the day after the November election.  If we can make it through December... the beginning of 2023 will not be pretty here, or across the continent in Europe.

Neverending wars do bad shit to people, production and places.  And everything is always as bright as ever BEFORE an American election.  It's coming, Paul.  My models are time tested.  Start screaming bloody murder if you care about your fellow countrymen.

Paul Krugman

@paulkrugman

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Oct 2

I know some Wall Street and City economists are also talking about a liquidity squeeze. Britain's gilts crisis isn't driving this, but it may be a harbinger. Don't want to go all Dr. Doom, but I am worried that we may be about to see substantial de facto financial tightening 4/

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