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Of the two recessions you lived through, both were expected. Many people decried the tech boom. Many people thought there were warning signs pre-2008. The probl
by DataGata 7y ago
Of the two recessions you lived through, both were expected. Many people decried the tech boom. Many people thought there were warning signs pre-2008. The problem was that nobody knew the depth of the 2008 recession.
[1]https://money.cnn.com/2007/02/26/news/economy/greenspan/index.htm https://money.cnn.com/2007/02/26/news/economy/greenspan/inde...
[2]https://thinkprogress.org/alan-greenspan-warns-of-coming-recession-ce0030fcc4c5/ https://thinkprogress.org/alan-greenspan-warns-of-coming-rec...
[3]http://www.marketoracle.co.uk/Article297.html http://www.marketoracle.co.uk/Article297.html