Their actions needed enormous resources, which came from domestic and overseas financial markets though the ensued global financial crisis (GFC), demand slump and currency volatility exposed them to unexpected risks. Could they have seen all this ex-ante?
All these examples can enrich our debate, even if they do not provide the specific building blocks we need. We should explore in all this experience the association between Forms and Outcomes. Then we can better see what are the necessary and the sufficient conditions for getting the results we seek.