When propaganda does not stand the test of time
Nobel economics recipient Paul Krugman, in his NY Times column after Donald Trump won the Presidential election in 2016:
If the question is when markets will recover, a first-pass answer is never.
So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.
Source: Could Trump End the Culture Wars?
Practice factfulness much?
Today, the Dow 30, the S&P 500 and the NASDAQ Composite are at all time highs and a lot of us now ignore Paul Krugman.