August 16, 2011
– Comments (2)
And what happens to the economy after we have used all of our money and resources to build these weapons and a viable defense instrastructure?
Well, the bubble pops, demand for these items falls to zero and everyone loses their job. Not too mention we will have just wasted trillions of dollars and resources on something that has no self sustainability and produces nothing!!!
Can we revoke his Nobel Prize already? Sheeesh.
Another on the topic, http://krugman-in-wonderland.blogspot.com/2011/08/save-us-from-space-alien-economics.html