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A comment on What Economists Still Don’t Get About the 2008 Crisis. Parent comment

Re:What Economists Still Don’t Get About the 2008 Crisis by nickik on Monday July 30, 2018 @03:41PM (#17647343)
Whatever the truth is about the numbers you present.

The argument that the recession happened because of a fragility of inequality is a highly speculative theory. I have not heard a single economist make that claim.

Also, it fails as an explanation because you are explaining a momentary event with a long term situation.

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Re:What Economists Still Don’t Get About the 2008 Crisis by mcguire on Monday July 30, 2018 @04:03PM (#17647517)
"Also, it fails as an explanation because you are explaining a momentary event with a long term situation."

Yes. This is why plate tectonics is widely known to be false.

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Re:What Economists Still Don’t Get About the 2008 Crisis by nickik on Monday July 30, 2018 @04:16PM (#17647605)
The earth quake does not just happen because of tectonics. You need some sort of translation mechanism how a long term buildup can lead to a event.

Just saying, 'there are plates' is not an acceptable explanation of earth quakes.

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