I'm going to guess here that you're talking about the recent bubble. I think so, yes, it was very predictable. I wasn't being so specific though. It's a fact o

I'm going to guess here that you're talking about the recent bubble. I think so, yes, it was very predictable. I wasn't being so specific though. It's a fact of life that expansion and contraction cycles must happen in most Western countries, given the generalised policy of having a (very) fractional reserve and resorting to "the printer" regularly to "stimulate" the economy. These cycles have been happening for many decades and will continue to happen as long as things work roughly the same way.