(NY TIMES) Paul Krugman —Will China’s stock crash trigger another global financial crisis? Probably not. Still, the big market swings of the past week have been a reminder that the next president may well have to deal with some of the same problems that faced George W. Bush and Barack Obama. Financial instability abides.

So this is a test: How would the men and women who would be president respond if crisis struck on their watch?

And the answer, on the Republican side at least, seems to be: withbluster and China-bashing. Nowhere is there a hint that any of the G.O.P. candidates understand the problem, or the steps that might be needed if the world economy hits another pothole. See More »

Source: Crash-Test Dummies as Republican Candidates for President – The New York Times