The famous economist Paul Krugman argued that it is “likely” that the United States “would go to a recession” at this time if it were not for the massive financial investment that is currently being carried out in the development of artificial intelligence.

“The staff is in the minds of people again, for a good reason,” wrote the 2008 winner of the Nobel Memorial Prize in Economic Sciences in his substation bulletin published on Sunday.

Krugman previously warned of the devastating effect that President Donald Trump’s rates and anti -immigrant repressions could have in the economy of the United States.

And now, he said, they are combining and “creating a significant inflation shock” and “imposing a significant drag on economic growth.”

Paul Krugman, the 2008 winner of the Nobel Memorial Prize in Economic Sciences, warned about the potential of a recession in the United States
Paul Krugman, the 2008 winner of the Nobel Memorial Prize in Economic Sciences, warned about the potential of a recession in the United States

Europa Press News through Getty Images

If “the AI ​​boom is divided,” he warned, “the probabilities are high that the economy of the United States is immersed in a recession.”

Last week, Krugman warned how the Trump administration is about to “ice the economy” with its deportation program, predict how certain industries that depend on undocumented workers, such as agriculture and meat packaging, will be decimated by politics and will finally lead to additional inflation.

Stop theAssaultThey are the media

Your support feeds our mission

Your support feeds our mission

When journalism is silenced, the most vulnerable voices are the first to disappear. His membership defends journalists on the ground, so the truth cannot be buried.

Protect the stories that matter.

We remain committed to providing unwavering journalism and based on facts that everyone deserves.

Thanks again for your support on the way. We are really grateful for readers like you! His initial support helped us take us here and reinforced our writing room, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you join us once again.

We remain committed to providing unwavering journalism and based on facts that everyone deserves.

Thanks again for your support on the way. We are really grateful for readers like you! His initial support helped us take us here and reinforced our writing room, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you join us once again.

Support News themezone

Already contributed? Log in to hide these messages.