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| Permalink View Article Stats Krugman: Today's Economy Cross Between Dot-Com Bust and S&L Crisis Quicklink submitted by Russ Wellen (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| 'On one side,' writes Paul Krugman at the New York Times, 'the bursting of the housing bubble is playing the role that the bursting of the dot-com bubble played in 2001. On the other, the subprime crisis is creating a credit crunch reminiscent of the crunch after the savings-and-loan crisis of the late 1980s, which led to recession in 1990.' |
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