[Inappropriate Laughter]

This is an odd thing to post given that the credit driven boom-bust was predictable, and predicted, by Austrian theorists, and caused by policies recommended by standard neo-Keynesian economists, who totally missed the boat, and denied that America had a credit problem.

See Ben Bernanke Economic Forecasts Proven to be Incredibly, Uncannily Wrong

[parsifal]

But, even if some ASE predicted the crash they were not the only ones. But here is maybe a more interesting point: What would the ASE have done, or will do, to prevent the next crash?

Answer: IMHO, NOTHING. Because everything is the fault of gov’t. ASE will not produce one single idea to pass better regulation, or change one law. They will sit on the sidelines and promote doing away with gov’t, period. That ain’t going to happen on this earth. So, the ASE is basically, useless.

parsy.