Wrong, and many well respected economists will tell you you're wrong. Yes and other well respected economists (at least at the time) told that we were in a "Gr

Wrong, and many well respected economists will tell you you're wrong. Yes and other well respected economists (at least at the time) told that we were in a "Great Moderation": http://en.wikipedia.org/wiki/The_Great_Moderation http://en.wikipedia.org/wiki/The_Great_Moderation