There's no one class of economists who all share the same opinion and make the same predictions. The idea that cheap money leads to bubbles (which can lead to

There's no one class of economists who all share the same opinion and make the same predictions. The idea that cheap money leads to bubbles (which can lead to recessions) was well-established, it just doesn't harmonize well with the kind of naive Keynesian feel-good economics that politicians want to apply and universities want to teach. Few people who correctly predicted that outcome at the time got the timing exactly right, but that's to be expected.