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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (94233)7/14/2002 4:05:39 AM
From: limtex  Respond to of 99280
 
TEXT OF AGs SPEECH NEXT WEEK -
Message 17733820

Best,

L



To: limtex who wrote (94233)7/14/2002 7:11:15 AM
From: orkrious  Respond to of 99280
 
He is the cause of this mess in the first place by putting up interest rates in 2000 when he should have cut them to near zero. He blew up the entire world economy.

his fate was sealed well before then. had he not raised interest rates then, the bubble might have continued longer. his fate was sealed when he didn't follow up on his irrational exuberance speech. it took him what, three years? after that, to start deflating the bubble.



To: limtex who wrote (94233)7/14/2002 9:23:47 AM
From: sylvester80  Read Replies (2) | Respond to of 99280
 
Come on! Do you really believe that? Greenspan made one of his best calls ever with his "irrational exuberance". Nobody listened then. They do now. Interest rates had nothing to do with it. The bubble would have burst no matter what because it was a bubble.