"I think it was such an anomaly - the conditions just created a perfect storm. Yet every time some new financial scare comes along, all these economist alarmists start predicting the next crisis, comparing it to the great recession. The subprime mortgage crisis occurred because of a flawed financial model, far too much borrowing, and many people believing home prices would soon soar. None of these recent trends are remotely comparable. The tension between Nato allies and Russia, the war in Ukraine, Covid-19, and inflation are such historic events that will have a recoverable impact, but they cannot be compared to something that happened all that time ago."