tag:blogger.com,1999:blog-3758330678390419129.post5754941322068280272..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Paul Krugman's Great Forecasting Failure: ArgentinaRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-3758330678390419129.post-8031365717870424412013-07-09T14:44:04.667-04:002013-07-09T14:44:04.667-04:00Im from Argentina, and i can tell you that Krugman...Im from Argentina, and i can tell you that Krugman made a huge mistake. He took the measurments of pbi growth which were made by the Indec, a corrupt statistics organization that was recently sanction by the Imf for bullshiting. Indec's inflation is 10,2 %, but private organizations and universities say its over 25%. Feralhttps://www.blogger.com/profile/01593384507366451767noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-3228945481015186092013-04-06T08:17:47.563-04:002013-04-06T08:17:47.563-04:00Well, I know I'm the website of the followers ...Well, I know I'm the website of the followers of a cult. But you should at least know that Krugman has praised Argentina for its response to the crisis, and has criticized Argentina for its policies once they recovered:<br /><br />"The little we know is that the old school rules still apply: if you print money to cover your debts when the economy is not in a recession, you will provoke Luis Augustohttps://www.blogger.com/profile/17574787433969840143noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31000399085289971092013-04-06T08:10:24.323-04:002013-04-06T08:10:24.323-04:00This comment has been removed by the author.Luis Augustohttps://www.blogger.com/profile/17574787433969840143noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-36663869261977931382013-02-07T19:08:19.311-05:002013-02-07T19:08:19.311-05:00Matt Yglesias should be called out on this one, to...Matt Yglesias should be called out on this one, too. He has been quite arrogant in attacking austrians, and he was just as wrong as Krugman. They really got it about as wrong as they could. Hilarious!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-6051413752695112602013-02-06T12:43:06.504-05:002013-02-06T12:43:06.504-05:00You're talking about the same paper which cont...You're talking about the same paper which continues to employ Tom Friedman. 'Nuff Said. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-60398083830685321202013-02-05T21:19:18.871-05:002013-02-05T21:19:18.871-05:00L. Randall Wray also completely fubared this one.
...L. Randall Wray also completely fubared this one.<br /><br />http://www.economonitor.com/lrwray/2012/10/09/mmt-argentina-and-views-on-inflation/<br /><br />Ha!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-19816038655456615312013-02-05T15:50:18.283-05:002013-02-05T15:50:18.283-05:00I remember some of Krugman's followers arguing...I remember some of Krugman's followers arguing with me on this blog in the comment section about how Argentina proved Krugman right and they had an economic success following keynesian ideas. LOLAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-67342952469977306242013-02-05T15:06:38.384-05:002013-02-05T15:06:38.384-05:00Another hilarious prediction of Krugman. About as...Another hilarious prediction of Krugman. About as wrong as he could possibly get!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31865872488227069512013-02-05T12:20:45.732-05:002013-02-05T12:20:45.732-05:00Steve, we're living in opposite-world, where i...Steve, we're living in opposite-world, where incorrect prediction is the avenue to wealth and fame. Remember back in 2007, when the Bernanke said that the banking system was well-capitalised and any losses in subprime would be contained? That's how you keep a govt job- by being the opposite of correct. <br /><br />To this day, many Argentines blame their currency problems on "too Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-62500025424603467082013-02-05T12:00:32.395-05:002013-02-05T12:00:32.395-05:00This is where I'm at as well. Is the entirety ...This is where I'm at as well. Is the entirety of the economics profession filled with nothing but cowards? Krugman, many times over, has claimed some of the most outrageous things: for the government to stage a fake space alien invasion, to calls for a housing bubble, to the miracle of Argentina. Yet somehow no one who has similar credentials will call him out on any of this it seems. No Jason Bhttps://www.blogger.com/profile/02092590472823894180noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-52828583476024126062013-02-05T10:14:04.053-05:002013-02-05T10:14:04.053-05:00How many times must someone be wrong before he los...How many times must someone be wrong before he loses all credibility? Is there no one at the New York Times capable of showing this clown the door?Stevehttps://www.blogger.com/profile/13156269157955500129noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84888489287265688672013-02-05T09:24:11.818-05:002013-02-05T09:24:11.818-05:00Of course, his sycophantic followers will manage t...Of course, his sycophantic followers will manage to overlook this colossal failure of a prediction, not to mention Krugman himself. Joe A.https://www.blogger.com/profile/01829844489009564295noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-34555116600100287452013-02-05T09:22:19.313-05:002013-02-05T09:22:19.313-05:00He's right about this part: "one that arg...He's right about this part: "one that arguably holds lessons ".<br /><br />If anyone is interested in reading a bit about how life has been down there, check out Ferfal's blog. Scary stuff.<br /><br />From what I've seen so far in the unitedstate, the progressives intend to link hands with the neo-cons and take us on their so-called 'never-ending journey' to meet upAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-86129124943916764572013-02-05T09:09:43.358-05:002013-02-05T09:09:43.358-05:00I just spent a week in Buenos Aires. The "off...I just spent a week in Buenos Aires. The "official" exchange rate for the peso:dollar is around 4.9:1.<br /><br />A black Mather has developed to exchange money, you can get between 6.2-6.5:1 depending on how good your Spanish is and how lucky you get. <br />Marchttps://www.blogger.com/profile/13561894838778546876noreply@blogger.com