What happened to the global economy? We seemed to be chugging along, enjoying moderate business cycles and unprecedented global growth. All of a sudden, all hell broke loose.
[From Op-Ed Columnist - Greed and Stupidity - NYTimes.com]
"There are many theories about what happened," writes David Brooks, wide-eyed. Which is exactly the problem, it seems to me. We shouldn't be having "theories" (hypotheses, actually), we should freaking know.
So let's find out.
For extra credit: While the NSA was keeping tabs on the rest of us, was it listening to A.I.G.?
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