2007 - "The subprime mess is grave but largely contained"
2013 - "The amount of US Student Debt is large, but not particularly likely to cause macro-economic instability."
Why doesn't he talk about how many millions more are on welfare rather than the unemployment rate? Mind you, QE is nothing more than welfare for Wall Street banks.
Still paying attention? Why? We're waiting for more fires and water line breaks, the market likes them best!