Is this how some people felt about the LHC being turned on?
Three month treasury bills are being sold at negative interest rate this morning.
Krugman, professionally, is fascinated
I am also terrified.
At least with the LHC I knew, professionally, that the doomsday scenarios were impossible.
Economists think liquidity traps ought to not happen, nowadays, so it must be professionally fascinating to see what looks like one developing before your eyes.
Be like seeing the apparent development of an event horizon or vacuum phase transition.
In person.
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