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Home / Market News / Key Words: Crypto collapse has ‘echoes of the subprime crash,’ says Nobel laureate: Risks ‘disproportionately’ fall on those ‘who don’t know what they are getting into’

Key Words: Crypto collapse has ‘echoes of the subprime crash,’ says Nobel laureate: Risks ‘disproportionately’ fall on those ‘who don’t know what they are getting into’

Posted by: Market Watch in Market News January 28, 2022

Economist Paul Krugman, a Nobel-Prize winner and a longtime crypto skeptic, said he is seeing “uncomfortable parallels” between crypto and the subprime crisis.

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