the idea that spending (no matter on what and how much debt it creates) is good for an economy
|
|
can't afford the house? no worries, prices will always go up and we'll just sell the loan to fannie mae and freddie mac
|
|
artificially cheap money will lead to bubbles which will inevitably burst. thanks a lot ben
|
|
|
|
big banks weren't afraid to make ludicrous risks because they knew their buddies in the treasury would bail them out with our money when they failed
|
|