Well that would correspond with the 2008 fiscal crisis and a tightening of mortgage lending practices.
That combined with a weak or non-existent recovery due to never fixing the import problem that has put so many people out of work doesn't surprise me.
Doesn't matter how low interest rates go. People without jobs can't take advantage of them.
Exactly, but it is all irrelevant to the point of this article - which is that Krugman manipulated the available data set to fit his narrative. That behavior is pretty unethical.