> it didn't matter that much what government policies were,
> eventually we were going to come to this bubble burst one
> way or the other.
> Why this death spiral was not being discussed years ago is
> beyond me. Perhaps it is similar to an economic singularity.
>No one could see what was on the other side, and so averted
>their gaze.
some people saw where we were headed, but as long as there was some regulation
we were safe from the sort of excess that led to the current crisis. history
will show that the bush/cheney policies, especially in the second term, were
the primary reason for the impending the collapse.
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