Not a single Keynesian economist predicted it but ALL of the Austrian economists did. I don’t care about your prediction that appears to be somewhere in the middle. I’m talking about the major schools of philosophy. How many times do the Austrians have to predict things, explain why they are about to happen and then have the exact thing happen they predicted until you will listen to them? Please give me a number![/quote]
Mainstream economists will never see problems. It’s the nature of economics. They are there to make excuses for the ruling class.