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Krugman Pans Sarah Palin's Hong Kong Speech On Maddow: Absence Of Facts Didn't Seem To Matter In Palin's Speech (VIDEO)

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Nobel Prize-winning economist Paul Krugman was a guest on "The Rachel Maddow Show" last night to discuss Sarah Palin's speech to a global group of investors in Hong Kong. When Maddow informed him that the speech lasted an hour and half, not including the Q & A period, Krugman's horror was written on his face as he quipped, "That's half a Castro."

Palin's speech blamed too much regulation as one of the origins of the financial crisis -- a theory that Krugman ably picked apart, noting the "absence of any facts" to back up Palin's claim.

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