Oh dear. The establishment pundit who is always wrong and whom everyone loves to mock is back in the game. 36 hours before the British Pound crashes, he has this prognostication.
But back to sterling. I'm supposed to know something about currency crises — I did invent the academic field! And as far as I know there are two ways a country with a floating exchange rate can have a currency crisis, neither of which seems to apply to the UK 3/
— Paul Krugman (@paulkrugman) September 24, 2022
The thread of responses and replies are the internet equivalent of a jeering crowd.
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