i understand that this is just economists talking but what about this scenario: there is a sharp decline in the DJIA or housing or someething, there is emergency action taken, but it’s a bit slower or less grand in scope this time because of a general sentiment that stimulus is in vain, and it just doesn’t work this time around.
What if they lose control of the situation? Isn’t that at least a real possibility?
The article spoke to me, but of course, you hear what you want to hear and you see what you want to see.