The article says the U.S. is about 10% below a trend estimated through 2007. 2007 was the peek of the bubble. Why are they using 2007 as a target? The credit market was different back than. How much of that 10% output was fueled by easy credit? It might be better to use a few years before 2007 as a target. I would like to know where we are if you look at it before the Mania Phase of the bubble.
I don't know why someone would take the chance caring that much money on them. Couldn’t he have gotten a check and cashed it once he got home or a bank account?
Yes, in the since that it could increase the chance of a good idea coming out of this. That is assuming everyone is playing be the same rules and laws.