Nobel economist Paul Krugman says the Iran war could be the 'straw that breaks the camel's back' for a fragile US economy
Business
The Iran war upended markets this week, and economist Paul Krugman thinks the effects could ultimately be much more far-reaching. The Nobel Prize winner hasn't been too optimistic about the US economy recently, largely due to the impacts he sees from President Donald Trump's tariffs. Yet, as the military conflict escalates, he sees severe consequences looming for the US economy. Krugman highlighted several pressing factors that have kept uncertainty high in a recent Substack post, but also laid
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