A quick and rational solution than the Krugman babble debt bubble:
Sell-off market bubbles - hedge funds will pay profit as "normal income" therefore there will be massive trillions of Tax. That's one quick fix!
Financial net work is always misreporting, e.g. someone is making money whether market goes up or down -- but, they report as "market bubble" is a good thing when it is in reality financial nuke.
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