Crypto Has Parallels With Subprime Mortgage Crisis, Says Paul Krugman

Crypto Has Parallels With Subprime Mortgage Crisis, Says Paul Krugman

Citing the recent crash that caused the crypto market to lose more than $1 trillion, Krugman wrote: “Who is affected by this crash and what could it do to the economy? Well, I see uncomfortable parallels with the mortgage crisis. high-risk patients of the 2000s".