Something for Future Historians To Write About

Justin’s note: We won’t have another financial crisis “in our lifetimes.”

It’s a crazy idea. After all, it feels like the U.S. is long overdue for a major crisis. But that’s what Janet Yellen thinks. The Fed chair said two weeks ago:

Would I say there will never, ever be another financial crisis? […] Probably that would be going too far. But I do think we’re much safer, and I hope that it will not be in our lifetimes, and I don’t believe it will be.

I couldn’t believe my eyes when I read this...