Had an interesting chat with Krugman the other day. He was saying that America's deficits could trigger a debt crisis, a run on the dollar, a spike in interest rates, the collapse of the housing market and a world recession. Then he starts on about Iran's "inevitable" acquisition of nuclear weapons, "which could find their way into the hands of terrorist groups..."
I held up a hand to interrupt him.
"The trouble with you, Krugman," I said, "is that you're a pessimist." And I squirted him in the face with my joke shop plastic flower.
