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I agree. The question then is: how come the economists who foresaw it did not succeed in being heard, despite the fact that some of them were well-known and had media access? It is a multidimensional problem: political, economic, sociological, psychological and cultural. I pointed to that in this comment. It would require a whole diary.

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Tue Sep 22nd, 2009 at 05:19:58 PM EST
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