Jump to content
House Price Crash Forum
Sign in to follow this  

Former Federal Reserve Governor Alan Greenspan Admits Mistakes

Recommended Posts

Former Federal Reserve governor Alan Greenspan, a man who is often blamed for causing the worst financial crisis since the Great Depression, has admitted making mistakes.

Speaking to the BBC, he says he misjudged the bankers, and has a warning of the way the crisis is being handled now.

Katty Kay reports.


Share this post

Link to post
Share on other sites

2 minutes and 48 seconds that everyone should watch.

Either Greenspan has gone renegade, or there is some serious re-anchoring going on there.

Not the first time he has admitted to his "one critical mistake" though IMS.

They're lining up for inflation - to take the dollar and the empire... down.

Not for 5 years at least though. Between now than then the US could look great in comparison with everywhere else.

Share this post

Link to post
Share on other sites

When he was younger he said wanted to be Fed Chairman during a Kondratieff winter. Since he was getting too old for that I guess he thought the next best thing was to make sure that a K-winter came about.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.