Paul Krugman: It's All Benghazi

Paul Krugman cuts to the chase: Why does the media pretend that bullshit political posturing is fact? Remember all the dire warnings about what would happen if China stopped buying our debt, or worse yet, starting selling it? Remember how interest rates would soar and America would find itself in crisis? Well, don’t tell anyone, but the much feared event has happened: China is no longer buying our debt, and is in fact selling tens of billions of dollars in U.S.

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  • Paul Krugman
    Paul Krugman, a New York Times Opinion columnist, writes about macroeconomics, trade, health care, social policy and politics. In 2008, he received the Nobel Prize in Economics.
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    Paul Krugman has been an Opinion columnist since 2000 and is also a distinguished professor at the City University of New York Graduate Center. He won the 2008 Nobel Memorial Prize in Economic...
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  • Paul Krugman
    Paul Robin Krugman (/ ˈ k r ʊ ɡ m ə n / ⓘ KRUUG-mən; born February 28, 1953) is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York and a columnist for The New York Times.
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