Talk:Great Recession

Other sources

There's an interesting analysis of the effects of the housing bubble here, but I have difficulty to understand it at the moment... if anyone out there can, please go for it. Pestergaines 09:43, 4 December 2010 (CST)

On predictions

Walter Block has put together a large list of Austrians Who Predicted the Housing Bubble. A whole page could be made out of them! Pestergaines 08:51, 15 December 2010 (CST)

Paul Krugman said in 2005 (unofficial resource) that Paul McCulley, an economist at Pimco, the giant bond fund, predicted in 2001 that the Federal Reserve would simply replace one bubble with another. "There is room," he wrote, "for the Fed to create a bubble in housing prices". Pestergaines 13:46, 5 January 2011 (CST)