I don't generally comment on politics or medicine or for that matter, on any subject about which I don't feel comfortable with.
When it comes to economics, I tend to go to get my information from some economists with some good reputation in the field that I am interested, which is macro.
For instance, quite often we see here categoric predictions of a recession, if not of a depression, being just around the corner.
But this is what Paul Krugman has to say: "The thing is, economists have a perfect track record when it comes to forecasting recessions: They’ve never been right — not because they’re stupid but because it’s really hard. In fact, it’s hard even to know what’s happening now; various G.D.P. trackers are showing everything from torrid growth to decline."
Paul Krugman - Wikipedia
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- Bleak with black coffee
Bleak with black coffee, page-19
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