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Renowned economist predicts Trump's mistakes will impact U.S. credibility

Summary by Raw Story
Nobel Prize-winning economist Paul Krugman warned damage from President Donald Trump's failed Iran war will outlast his presidency, leaving America diminished globally for years. In an interview with The New Republic's Greg Sargent on his "Daily Blast" podcast, Krugman dismissed Trump's victory claims as detached from reality and deemed Iran the winner. "Iran is in a much stronger position and the U.S. in a much weaker position than before the w…

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Raw Story broke the news in United States on Monday, June 22, 2026.
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