7  Notably, these commitments were reaffirmed on October 11 in communiqués issued by the International Monetary and Financial Committee of the Board of Governors of the IMF and by the Group of Twenty finance ministers and central bank governors.
And so on. I do not recount this to point fingers of blame at anyone in particular - it is, I fear, part of the human condition that such things happen near the end of most booms, even ones whose initial development is well based in fundamentals.