John Rubino returns… Much like the soldier during the Vietnam War who notably quipped – We had to kill the village to save it, Paul Krugman probably believes that we need to kill the economy before it can be saved. He should be thrilled with the Trump Admin’s debt on steroids policy. After all Krugman was always saying the answer to what ails the economy is debt and more debt. Predictably Krugman is calling for a recession later this year. So much for the stock market’s January effect.