Nobel laureate Paul Krugman says crypto has ‘disturbing’ parallels with subprime mortgage meltdown

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Nobel laureate Paul Krugman says crypto has ‘disturbing’ parallels with subprime mortgage meltdown
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Nobel laureate Paul Krugman says crypto has 'disturbing' parallels with the subprime mortgage meltdown.

"There are disturbing echoes of the subprime crash" in the cryptocurrency market, Nobel Prize-winning economist Paul Krugman says.

Krugman argues crypto investors are being sold speculative financial products without truly understanding the risks involved.Nobel Prize-winning economist Paul Krugman.Nobel Prize-winning economist Paul Krugman has given an ominous warning about the volatile cryptocurrency market, comparing it to the subprime mortgage crisis of the late 2000s.on Thursday, Krugman said he's "seeing uncomfortable parallels" between crypto and the U.S.

Krugman argues crypto investors are similarly being sold speculative financial products without truly understanding the risks involved. It's worth noting Krugman is a

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