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Comment by ucee054

Of course, the problem was also created by "hundreds of trained economists" in the first place.

If geeks weren't trading MBS and selling NInJA loans as AAA rated assets to the insurance companies, would the blowup have happened?

If the Fed hadn't pumped easy credit, first during the dotcom bubble, then into the housing bubble, would the blowup have happened?

This is kind of like saying "Look how smart I am, I saved my leg from needing amputation after I shot myself in the foot!"

parent ucee054 14 years ago

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