Alan Greenspan Interview Review

We are in the midst of an international urgent position that will unquestionably grade as the most virulent since the 1930s. It will finally subside and overtake into history. But how the combining and strengthening determinants and consequences of this critical contraction are understood will form the reconfiguration of our actually handicapped international economic system. In my opinion there are not less than two very broad and vying interpretations of the sources of this crisis. The first is that the "easy money" principles of the Federal Reserve made the U.S. lodgings bubble that are at the centre of ...