And what will be the multi-Trillion bubble created to reflate the economy THIS time...when debt levels are where they are, housing equity is wiped out, the financial industry will not participate in the creation of another housing bubble, people don't trust the stock market, baby boomers are at a time where they cannot continue to be exposed 100% to equities as portfolio theory recommends declining exposure to equities in the "out years"
So if THAT pattern failed, without the worst financial collapse since the Great Depression, what makes you think this situation has a rosier conclusion?