"The [financial] crisis ended - precisely - on March 16, 2009"

"The [financial] crisis ended - precisely - on March 16, 2009, when the Financial Accounting Standards Board abandoned FAS 157 “mark-to-market” accounting, in response to Congressional pressure from the House Committee on Financial Services...

That change immediately removed the threat of widespread insolvency by making insolvency opaque."

John Hussman