Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by underdeserver

1 year ago

The presenter is not a doctor :)

1 comment

underdeserver

Reply

AnthonyMouse  1 year ago

It's an analogy.

2008 was caused by inflated housing prices. ZIRP reinflated the housing bubble. This caused people to not be underwater on their mortgages, but now we have an even bigger housing bubble than we did to begin with.

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities