But bubbles in and of themselves don't lead to the systemic crisis we just went through. There were plenty of policies I disagreed with and plenty more that fu

But bubbles in and of themselves don't lead to the systemic crisis we just went through. There were plenty of policies I disagreed with and plenty more that fueled the bubble. But I was talking specifically about the problems that lead to the credit crisis, paralyzed markets and generally gummed things up above and beyond a popped bubble.