I'm surprised it has taken this long. Everything I thought I knew about economics (and basic finance) has pointed in the direction of imminent pain for consumers, but what I've been hearing is more of a dull ache at most.
I don't want a crisis, and if we avert one I'll happily update my beliefs. But even if the crisis comes I'll have to figure out why it has been so slow.
I don't want a crisis, and if we avert one I'll happily update my beliefs. But even if the crisis comes I'll have to figure out why it has been so slow.