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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: AllansAlias who wrote (32154)3/1/2001 12:59:42 PM
From: Jill  Read Replies (2) of 65232
 
Greenspan would agree with this poster; in the profile in the New Yorker last year he said,"There's nothing wrong with a good recession."

His rate hikes certainly ushered in the recession. Who knows if a good recession is necessary--these so-called "cycles". Its all economic theory & there are arguments on every side.
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