Here are the answers to the somewhat astonishing quiz, published on the Fisher Investments blog on June 12 2007.
Take the quiz here: Hindsight Is A Wonderful Thing Quiz: Financial Crisis
Answers to the quiz on the 2008/09 financial crisis
1) The US unemployment rate is:
Answer: D) Between 3 and 5%. US Unemployment has been near historical lows for some time, hovering around the 4.5% mark. The rate even held steady or fell during the time of housing and credit turmoil. In fact, we observe that many employers today are clamoring for talent because the pool of available workers is so tight. 4.5% is close to what the Fed would call “full employment.” There is a natural amount of...

