Paul Krugman

Linkage: Realtime Greek Austerity Vote Tracker

-BofA’s $8.5b Bad Loan Settlement (Bloomberg) -INFOGRAPHIC: Forex Market Basics (TradingHabits) -China’s Top Auditor Warns of Local Gov’t Defaults (Mish) -REAL TIME GREEK AUSTERITY VOTE TRACKER (ZeroHedge) -QE3 Advocate Krugman Sits Down With HousingWire (HousingWire) -A Word On Unemployment (MarginalRevolution via TheMoneyIllusion)

Linkage: Fees That Wreck Retirement Savings

– Profiles in Fed Cowardice (Krugman) – Near Term Market Movers (Patti Domm, CNBC) – QE2: Who Ended Up Benefitting? (SmartMoney) – Winklevoss Twins Give Up on Facebook Case (Mashable) – 10 Fees That Can Wreck retirement Savings (Marketwatch) – Economists Debate Mortgage Interest Deductibility (MortgageNewsDaily) – If Slowdown Is Temporary, When Will Data Flow

Linkage: The Big Payback

Rates are amazing because economic news is terrible. Today’s links explore just how terrible. Plus there’s a bTunes dedication to loan agents battling rebate recapture. So click play on James Brown’s The Big Payback and read up. – Is Residential Real Estate Worse Than Depression (Ritholtz) – Will U.S. Repeat Monetary/Fiscal Mistakes of 1937? (Krugman

Krugman On $775b to $1.2t Obama Stimulus

Paul Krugman is always clear and concise … and confounded. But at least it’s because he’s thinking, which is more than we can say for some of the politicians deciding how to fix the economy. And it certainly is confounding to reconcile conservative vs. liberal views of how to help: Other things equal, public investment

Krugman: Mortgage Rates Still About 1% Too High

The average zero-points loan up to $417k is about 5.25% and the average zero-points loan up to $625k is about 5.75%. Phenomenal record low rates. But economist Paul Krugman thinks they could be lower, citing that the spread between 30yr rates and 10yr Treasuries is still about double the 150 basis point historical spread. He

Krugman on Treasury Proposal: No Deal

Paul Krugman, NY Times Op-Ed columnist and Princeton economics professor, said No Deal on the Treasury bailout proposal: As I posted earlier today, it seems all too likely that a “fair price” for mortgage-related assets will still leave much of the financial sector in trouble. And there’s nothing at all in the draft that says

McCain: I Have An Economic Plan, It’s Good (part 8)

McCain keeps showing the country his misunderstanding of the economy, free markets and regulation. The latest comes as McCain describes his free-market, deregulated approach to healthcare, when he said that the healthcare system should function just like the banking environment he helped create over the past decade. Princeton economics professor Paul Krugman summed it up

Credit Crunch Semantics by FT, Krugman, Daily Show

The Financial Times marks the one year anniversary of the credit crunch with a special section called The Big Freeze. The game of naming the credit crunch has gotten out of hand, as NY Times columnist and Princeton economics professor Paul Krugman pointed out, saying: The FT has a new series called The Big Freeze,