When American financiers were flogging subprime mortgages back in the credit boom, were they completely delusional? Or were they driven by cynicism and greed? Did they, in other words, know that the housing market was a bubble – or did they actually believe their own hype, even as the frenzy grew?
回望當初的信貸繁榮期，當美國金融家兜售次級抵押貸款(subprime mortgage)時，他們是完全處于幻覺中，還是出于玩世不恭和貪婪？換言之，他們是知道樓市有泡沫，還是盡管看到樓市在瘋狂增長，卻真的相信自己的宣傳？
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