'Headed for permanent recession': Paul Krugman sounds the alarm after Treasury yields tumble and interest rates plunge

5:27am PDT - March 10th, 2020    netflix stock - Business Insider

Investors expect the US economy to suffer a prolonged downturn, Paul Krugman argued on Monday. "Mr Market is basically saying that we're headed for permanent recession," the Nobel Memorial Prize-winning economist tweeted on Monday, pointing to record-low Trea…