Mention322170
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so:text | So I am skeptical about the argument that the subprime mortgage problem will contaminate the whole mortgage market, that housing construction will come to a halt, and that the economy will slip into a recession. Every step in this chain is questionable and none has been quantified. If we have learned anything from the past 20 years it is that there is a lot of stability built into the real economy. (en) |
so:isPartOf | https://en.wikiquote.org/wiki/Robert_Lucas_Jr. |
qkg:hasContext | qkg:Context158595 |
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qkg:Quotation304209 | qkg:hasMention |
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