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> I don't know about your industry but the abiding memory i have from before the financial crisis of 2009 was of economists fanning the property bubble with the
by bmh_ca 9y ago
> I don't know about your industry but the abiding memory i have from before the financial crisis of 2009 was of economists fanning the property bubble with the mantra ' the fundamental are sound' and how the worst scanario would be a "soft landing"
If you'd like to read about it, the best contemporaneous piece I've read on it is "All the Devils Are Here" - https://www.amazon.com/All-Devils-Are-Here-Financial/dp/159184438X https://www.amazon.com/All-Devils-Are-Here-Financial/dp/1591...