Thursday, November 15, 2012

The Clueless (or Lying) Global Economic Bureaucrats

Paul Krugman provides this chart of how off the OECD forecasters were in anticipating how serious the problems would get in Greece, Portugal and Spain.

He notes, "So the OECD was terribly, terribly wrong..."

Also via Krugman:


  1. Has he seen the charts showing how far off the CBO is from the actual US deficit?

  2. I started to click in the link, but reading Slugman's shit makes me heave.

    Is he using these charts to show how well the EZ is doing? Please god, give this man a clue.