How did economists get it so wrong (parody version)?
Remember when Paul Krugman asked aloud “How Did Economists Get It So Wrong?” He had a very well-received answer. But he left out something.
The elephant in the room was debt. No one seems to have been noticing.
Below is a British video parody version asking economists and political leaders the same question (in a slightly more graphic version). Warning : this video is hilarious but graphic. Don’t play it at work. I warn you.
Hat tip Yves Smith.
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