I'm surprised by almost every comment made here to repudiate Dr Krugman and his work. On every call of any significance the man has been dead on...dead on to the banking collapse - he called it...dead on for more stimulus...dead on for the double dip...and now probably dead on the the Big D.

Where did all of you get your Ph.D's? Where are you esteemed professors? And since you devalue the merit of winning a Nobel, where are yours?

Sorry, my money is on this man. Whether or not he is on the Left, he is Right...