I've made this reference many times before, but the situation at the moment reminds me of the anecdote about Ernest Hemingway during The Great Depression asking a man how we went bankrupt.

For economics nerds like me the last week has been riveting. Paul Krugman, a Nobel-prizewinning member of the economics establishment, has been debating with Steve Keen, a radical who’s long argued that the conventional economics taught in universities is woefully unrealistic because it ignores important features of the real world like uncertainty, the role of banks, debt and how money is created.