Economist Quote by Paul Krugman
“Unsustainable situations usually go on longer than most economists think possible. But they always end, and when they do, it's often painful.”
About This Quote
Economic imbalances persist longer than expected, ending painfully.
In simple terms: Problems linger, then cause pain.
Prepare for inevitable corrections.
Themes
Mood
Type
When to use this quote
- investment strategy
- policy planning
- personal finance
Key Concepts
Questions to Reflect On
- How can you mitigate risk in prolonged imbalances?
- What signs indicate an upcoming correction?
Predicting timing is difficult; pain may be severe.