02 December 2006

A Market Kind Of Guy

If you follow the link to Paul Krugman's latest column, you run up against the Times Select firewall. It let's you see only the first line of the column: "The odds are very good that 2007 will be a very tough year." The Times hopes that this taste will get you to sign up for Times Select, but, really, what more do you need? 2007 may well be a tough year; I'm agnostic. But Paul Krugman is like the market: he's predicted 8 of the last 2 recessions, including one for each year George Bush has been in office.

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