[aluminussoma]

For as long as I can remember, there has been a vocal group of doomsayers predicting financial catastrophe. Powell's speech is like catnip to that group.

[scotuswroteus]

Were you born in 2009? Because if your memory worked in 2008, you'll recall that massive government bailouts were required to prevent full on collapse: the doom you dismiss as though anyone fearing it is no less in control of their critical faculties than a household pet. That happened less than twenty years ago.

[aluminussoma]

I was probably born long before you. And you are twisting my words.

[AndyNemmity]

Massive Government Bailouts may or may not have been required, however they occurred.

[boppo1]

>massive government bailouts were required to prevent full on collapse

*allegedly. We have no data on what would have happened if we'd let the banks fail, put their C-suites in jail and used bailout money as a safety net.