351 | Cheap Debt, Bailouts, Crashes, and the Fight for Economic Resilience with Liz Hoffman
The Realignment
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The Great Recession, the Depression Lasted 10 Years Instead of 10?
In 2008, the government did in about six weeks what it took them nine months to do in 2008. So this is coming out of 2008, they were way too slow to act. And by the way, what they never did in 1929, which is why that recession, the depression lasted 10 years instead of a year and a half. They did it about six or eight weeks here.
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