Just as they did with the housing market before the Great Recession, the academic economic community is ignoring the global asset price bubble.Academic imagine larger window sizes then really existing the pits, it is part of the monopoly of banking assumption. We distribute so much uncertainty around that they can never catch up and find the current 'monopoly' window size.
The kanosians end up in a mass of e mail confusion among themselves and the economy goes ahead and requants anyway.
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