Economic forecaster of the current global financial crisis and publisher of Gloom Boom Doom Marc Faber delivered a speech in Hong Kong on Friday and took on nobel-prize winner Paul Krugman’s latest article “How Did Economists Get it So Wrong?”

One of Faber’s thoughts on Krugman is that he “thinks it would be very good to have another bubble in the world and deal with it later on.” It is true that Krugman has been advocating for strong government stimulus and large deficits in order to jumpstart the economy again. Nevertheless, however, Faber believes Krugman should have named the article “How did I get it so wrong?”

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