Thursday, July 24, 2014

Greenspan says bubbles can’t be stopped without ‘crunch’ - MarketWatch

Greenspan says bubbles can’t be stopped without ‘crunch’ - MarketWatch: Former Federal Reserve Chairman Alan Greenspan has always been a student of the economy. Since the financial crisis, he’s become a student of human nature.

Sitting in his office with a view of the Washington Monument in the distance, Greenspan is eager to share the insight distilled in his recent book, “The Map and the Territory,” due out in paperback this fall.

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