1Robert J. Shiller, “Economic View: An Echo Chamber of Boom and Bust,” The New York Times, August 30, 2009.


Chapter 1

1A loss of 30 percent or more is generally considered a bear market.

2Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbables (New York: Random House, 2007).

3“Greenspan Sees ‘Seeds of Bottoming’ for U.S. Housing,” Reuters, May 12, 2009.

4“Bernanke Sees Recession Ending Soon; Warns on Debt,” Reuters, June 3, 2009.

5David Wilson, “‘Buy’ Ratings Reemerge among U.S. Stock Analysts,”, July 6, 2009.

6Deborah Solomon, “Calls Grow to Increase ...

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