Paul Krugman, writing in March 2007 — he actually wrote it as if he was looking back a year later.
Plus here are about 10 other snippets from 2007. (The “real” crash was Lehman, Sep 2008…). In them you see “crisis”, “next year will be worse”, “it could spread”, “the ratings agencies won’t fess up because they are earning fees”, the bailout will be hard because it will be politically unpopular…. All in 2007. Long before Sep 2008. In retrospect, all on George W Bush’s watch.
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