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People (not economists) always blame the crisis on bad lending. That's like saying the guy who had full-blown AIDS died of pneumonia. It's true in a literal sen
by mattmaroon 17y ago
People (not economists) always blame the crisis on bad lending. That's like saying the guy who had full-blown AIDS died of pneumonia. It's true in a literal sense, but it's not meaningful in that you're blaming the symptom rather than the disease.