Paul Krugman Says 1 Shaky Thing Stands Between Trump And A Recession

Paul Krugman Says 1 Shaky Thing Stands Between Trump And A Recession

If it goes bust, "the odds are high that the US economy will be plunged into a recession," warned the famed economist.

'Danger remains': Nobel-winning economist issues warning about 'drag' of Trump's policies

A Nobel Prize-winning economist issued a dire warning on Sunday about the potential impact of President Donald Trump's signature economic policies.Paul Krugman, who won the Nobel in 2008 for his work on trade theory, wrote in a new Substack essay that Trump's deportation and tariff policies could create stagflation, or a period characterized by low economic growth, high inflation, and high unemployment. "Stagflation is very much on people’s mind…