Some economists call this view &quot;The Big Lie&quot;. See Krugman&#x27;s column today: <a href="https:&#x2F;&#x2F;www.nytimes.com&#x2F;2015&#x2F;12&#x2F;18&#x2F;opinion&#x2F;the-big-short-housing-bubbles-and-retold-lies.html" rel="nofollow">https:&#x2F;&#x2F;www.nytimes.com&#x2F;2015&#x2F;12&#x2F;18&#x2F;opinion&#x2F;the-big-short-hou...</a>