Monday, June 28, 2010

Fiscal Austerity

Who do you agree with?
Economics Nobel Laureate Paul Krugman who claims, in his New York Times weekly column, the world is heading towards a Third Depression.
Live Mint Bare Talk Columnist Anantha Nageswaran, who claims the fiscal austerity might be the right option!
Read the articles and decide. I think Nageswaran points seem more reasonable while Krugman's view seem to emanating from personal preference than sound logic.

Ok, I might be wrong (or may be not smart enough to get it) but what the hell I will not stop to opine!

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