Quote:
Originally Posted by kane
So it sounds like had their been no housing bubble the recession would have started in 2001/2002
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I think that what he, and his fellow travelers, are saying is that the 2001/2002 recession would (for all practical purposes) have never ended, but that that wouldn't be so bad because things would never have gotten as horrible as they are now either.
It's called being satisfied with mediocrity.
Not a very admirable goal IMO but, given current conditions, I suppose there's an argument to be made for such.