I recall reading an article some years ago where Greenie was quoted as saying that a steep and prolonged recession could trigger massive popular opposition to the current economic and financial system.
This IMHO explains his fanatic determination to keep the credit bubble going at all costs.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi