Krugman Snaps, Tweets Trump Will Turn America Into “All Out Kleptocracy Like Russia Or Ukraine”

So, who could have seen this coming? The man who refused to release his tax returns — getting almost no heat from the media 1/
— Paul Krugman (@paulkrugman) November 15, 2016

Just a few days after his latest tweetstorm attacking Donald Trump, the NYT house economist was once again unleashed on Twitter lashing out, only this time he took aim not only at president-elect Donald Trump but also his campaign, contradicting Ray Dalio’s optimistic assessment of America under a Trump administration, instead predicting that Trump would turn the US into an “all-out kleptocracy, along the lines of what happened in Russia or Ukraine.”
The Keynesian expert took aim at Trump’s still to be finalized public and private infrastructure plan, and suggested that instead of boosting public spending it would “be largely about privatizing public assets.” His allegation is that instead of infrastructure investments, the upcoming spending spree would convert public assets into private projects: “His transition team is basically all lobbyists and his infrastructure plan, such as it is, sounds as if it’s going to be largely about privatizing public assets” Krugman tweeted.
Krugman also accused Trump that the inclusion of lobbyists within his transition team shows that he “won’t separate himself from his business interests.”

This post was published at Zero Hedge on Nov 15, 2016.