An awful awful lot of uncertainty and panic would've happened I think.
It's that old saying from General Patton "A good plan violently executed now is better than a perfect plan executed next week.", I think that very much applied in this situation, as bad as things were they could've been MUCH worse.
An awful awful lot of uncertainty and panic would've happened I think.
I don't doubt that, what I wonder is if it would all be a distant memory now instead of dragging on for decades (we still have a lot more debt than before the crisis).
It's that old saying from General Patton "A good plan violently executed now is better than a perfect plan executed next week.", I think that very much applied in this situation, as bad as things were they could've been MUCH worse.