THAT's not even the worst of it. The whole repeating boom-and-bust cycle could be said to be the result of inflationary "puffing up" of economic data like GDP, corporate profits and tax revenues. So in "good times" everyone thinks it's going great and overspends. People buy BMWs and go on expensive holidays, companies hire a bunch of new people, governments spend billions on bridges, aircraft carriers etc. Then a little later - bust comes along and everyone says "oh no! turns out we didn't have as much money as we thought we did!" and spends the next 5 to 10 years watching their pockets.
The booms and busts get bigger each time and the last one was just the latest in a naturally increasing sequence. Unless something is done about the measurement of the amount of money available in the economy at a given time, this will just keep happening. Companies like Goldman Ballsachs are just inventing *huge amounts* of money out of thin air and then spending it on things, making this practically impossible. In other words, the company that spends it's time making a luxury sports car can sell it to a banker gives them $300,000. A fair trade? The money he gives them has value due to the consensual agreement regarding curency, but when you look back to where that money actually came from and what it represents... there's nothing there!
