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There were plenty of economists that warned of the bubble well before it popped but they were routinely ridiculed and dismissed since explaining themselves took
by clavalle 10y ago
There were plenty of economists that warned of the bubble well before it popped but they were routinely ridiculed and dismissed since explaining themselves took longer than a 15 second slot between questions on a news show.
- jpmattia 10y agoThe fact that so many of them failed to recognize the popping even after it popped (Ben Bernanke among them) pretty much tells us everything we need to know.
- witty_username 10y agoThen they can take a short and make large sums.