Search results

I mean textbook in the sense that they essentially tried to spend their way around a recession. This has been done on many occassions both locally and overseas. I wasn't referring to the specific application they used. One of the contributers (there were many) to the GFC was that the US tried...

Steve Keen predicted a housing bubble and subsiquent bursting of that bubble with a 40% drop in values. His reaction was to his own home in anticipation of this. He made no predictions that I recall of a GFC or even recession of any scale anywhere. In response to the GFC, the government and...