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Wednesday, May 18, 2022

Crypto Has Parallels With Subprime Mortgage Crisis, Says Paul Krugman

Citing the recent slide that has seen over $1 trillion shed from the crypto market, Krugman wrote, “Who is being hurt by this crash, and what might it do to the economy? Well, I’m seeing uncomfortable parallels with the subprime crisis of the 2000s.”

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