I don't really think keeping the financial system (which is an integral part of an economy) functioning is the same as keeping an asset bubble afloat.
The US gov. certainly didn't stop the real estate bubble from bursting. It merely stepped in to recapitalize banks, and got its money back with interest in the process of keeping the financial system from falling apart. At the time, everyone was gearing up to make a run on the banks to get their money out first.
The US gov. certainly didn't stop the real estate bubble from bursting. It merely stepped in to recapitalize banks, and got its money back with interest in the process of keeping the financial system from falling apart. At the time, everyone was gearing up to make a run on the banks to get their money out first.