Seriously deranged!-----Written 11-9-2016---What Happened on Election Day - Paul Krugman: The Economic Fallout - NYTimes.com

Paul Krugman: The Economic Fallout - NYTimes.com
What Happened on Election Day - NYTimes.com
How the election and Donald Trump’s victory looks to Opinion writers.

By PAUL KRUGMAN--12:42 AM ET

"It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.

Under any circumstances, putting an irresponsible, ignorant man who takes his advice from all the wrong people in charge of the nation with the world’s most important economy would be very bad news. What makes it especially bad right now, however, is the fundamentally fragile state much of the world is still in, eight years after the great financial crisis..."

Read on.