Your average person wasn't being crushed by their rent in '08 and wasn't over leveraged on consumer debt in the 70s and 80s. Those are just two factors that ar

Your average person wasn't being crushed by their rent in '08 and wasn't over leveraged on consumer debt in the 70s and 80s. Those are just two factors that are different this time around. The information and media landscape is also very different now in ways that make disseminating "be a good little boy and everything will be all right" messages far less effective and the institutions such messages would come are more reputationally bankrupt than ever.