[mortenlwk]

I had just bought an apartment in 2008, but I didn't care about it at all. No one I knew bothered with economics except having enough money for rent and hedonistic activities.

I think the same applies to the general public today. Most people in the west have enough, and have seen the markets go up and up for so long that they have forgotten, or never experienced, severe downturn. I think it will blow up worse than 2008.