Policy mistakes of 2008, he says, mainly exacerbated uncertainty and panic.
Later, at a sometimes testy evening fringe event at the conference, McDonnell and Fairbairn clashed in person over Labour's plans, with the CBI head saying she feared that a "major state intervention agenda" with policies such as nationalisation, rising corporation tax and a maximum wage could exacerbate uncertainty arising from Brexit.
Nor was there sufficient access to information, which further exacerbated uncertainty regarding preparedness, response and mitigation decision-making.
In the future, ultra high voltage (UHV) AC/DC power transmission, high penetration of renewables, and electricity market reforms will exacerbate uncertainty to operational risk management of power systems.
Major modifications only serve to exacerbate uncertainty and provide sceptics with ammunition for criticism.
In this partnership, although the partner services had different views of the skill sets required by staff, poor exposure to each other's work practice exacerbated uncertainty about the clinical competencies of the Aboriginal staff in certain situations.
That exacerbates the uncertainty that afflicts the country's economy.
"A short-term continuing resolution exacerbates the uncertainty for my workforce and puts us back in the same position, on the brink of a shutdown just days from now," Mr Johnson said.
The variance in population estimates further exacerbates the uncertainty in defining projections further into the future.
The lack of comparative molecular studies in representatives of all three lineages exacerbates this uncertainty.
Forcing institutions to raise capital, be it private or public, at panic-driven fire-sale prices threatens enormous dilutions to already shell-shocked shareholders, further exacerbating uncertainty and fueling the downward spiral.
