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> but fiscal policy prevented that. That fiscal policy prevented collapse in 2008 by creating an unimaginably large asset bubble we're still living in. > We'r
by PheonixPharts 2y ago
> but fiscal policy prevented that.
That fiscal policy prevented collapse in 2008 by creating an unimaginably large asset bubble we're still living in.
> We're still feeling ripple effects from 2008, but things aren't nearly as bas as they could have been.
Those aren't ripple effects, it's the strain from an unsustainable "solution" to a crisis we still haven't really felt yet.
- seuraughty 2y agoWhat would you have done differently than the treasury and fed did?