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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Chen who wrote (120613)5/4/2008 11:35:53 PM
From: Jim McMannisRead Replies (1) of 306849
 
6 Ways Greenspan Caused the Current Economic Crisis
currencytrading.net

As the credit crisis teeters on the verge of full-blown catastrophe, the hunt for the culprit(s) begins. Quickly working his way to the top of the blame table is Alan Greenspan, former Chairman of the Board of Governors at the US Federal Reserve Bank. During his tenure and even into retirement, Dr. Greenspan received near-universal praise for presiding over the Fed during a record period of economic growth and price stability. In fact, he coined the term Goldilocks economy to describe the optimal economic situation in which growth is maximized and inflation is kept to a minimum
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