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The first is Proposition 40 promoted by the SEIU-United Healthcare Workers West union, which represents workers in the healthcare sector, and supported among others by Senator Bernie Sanders who stated that it is “by far the most important referendum in the country” and by Nobel laureates in Economics Joseph Stiglitz, Paul Krugman, Daron Acemoglu, Peter Diamond, Abhijit Banerjee, and Esther Duflo who in an open letter pointed out that over the last decade the wealth of California billionaires has more than tripled, totaling $2.3 trillion, while their income taxes, between 2019 and 2025, accounted for only 1.6% of the increase in their fortunes. #Patrimoniale #California #Disuguaglianze (translated)

France may have crossed the line from being too big to fail to being too big to be saved. The Nobel Prize-winning economist, Paul Krugman, has warned not only of the risk of a sovereign debt crisis but has gone further by stating that "France may have crossed the line from being too big to fail to being too big to be saved." #EconomíaFrancesa #DeudaPública #CrisisEconómica (translated)

"The situation could collapse at a staggering rate: a matter of months, not years." Nobel Prize winner Paul Krugman wrote under the headline Apocalypse in the Short Term: "The situation could collapse at a staggering rate: a matter of months, not years." #Spread #Eurozone #Schulden (translated)

Ne vjerujem da si Europa može dopustiti da se njezina autoindustrija u potpunosti isprazni. Ali šokiran sam stavovima nekih svojih kolega koji su dugo zastupali globalizaciju i slobodnu trgovinu kako govore da pod izgovorom nacionalne sigurnosti i tržišne disrupcije smatraju dopustivim da se nešto tako veliko kao europska autoindustrija jednostavno pregazi makar bi kupci imali od toga koristi, ali samo kratkoročno.