: Leveraged buying peaks; central banks tighten policy, and debt service costs rise .
: A modern housing-led crisis that required massive government bailouts and "quantitative easing" . Big Debt Crises
: The economy slowly returns to normal, often taking 5–10 years for GDP to recover . 🛠️ The Four Policy Levers : Leveraged buying peaks; central banks tighten policy,
A comparison of across different historical eras. : Leveraged buying peaks