Predicting 4 of the last Zero rescessions

Paul Krugman, Princeton economics prof and NY Times columnist noted for having his brain reside in an alternative universe, is at it again. Via Don Luskin, this quote from one of his readers:

So Paul Klugman, Economist to the Nomenclatura, will have predicted four of the last zero recessions?

Note -- this is considered quality work by the NY Times. Given the abysmal performance of its reporters, editors and other columnists, it really is. In fact, Krugman's insane rants (which would degrade a junior high school paper), may be the highest quality work in the organization.