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Friday, April 27, 2018

KRUGMAN'S POVERTY TRAP CLAP TRAP

RE KRUGMAN FERGUSON TRUMP AND THE CONVERGENT GLOBAL HOBBESIAN POOR


The real Poverty Trap for the Western elite poor, is global income convergence, which he likes.

That is the Real Poverty Trap, not Krugman's Clap Trap about cutting chicken shit programs here for the poor.

Those programs themselves have been designed, and function, to partially mask the real global income convergence Poverty Trap I describe.

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