Of course the next bubble will require more than $3 trillion... And saying that ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		coliveira on May 6, 2017 \| parent \| context \| favorite \| on: China can deflate the world’s largest credit bubbl... Of course the next bubble will require more than $3 trillion... And saying that things are going rather well is absurd.

AnimalMuppet on May 8, 2017 [–]

I didn't say that things are going rather well. I said that the Fed's intervention worked rather well. That's not the same thing.

In particular, compare 2008-2017 to 1929-1938. That gives some (imperfect) measure of how well the Fed intervention worked.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact