Financial War Games
BEFORE GETTING TO "war games," let's recap some past wisdom from the man formerly behind the curtain:
1996 - Greenspan warns about irrational exuberance in the stock market
2000 - Greenspan embraces the "productivity miracle" and says there is no stock market bubble
2001 - Greenspan said bubbles can only be detected in hindsight2004 - Greenspan says there is no housing bubble
2005 - Greenspan says there is no national housing bubble, even though he admits we have "froth."
( Full story here )
1996 - Greenspan warns about irrational exuberance in the stock market
2000 - Greenspan embraces the "productivity miracle" and says there is no stock market bubble
2001 - Greenspan said bubbles can only be detected in hindsight2004 - Greenspan says there is no housing bubble
2005 - Greenspan says there is no national housing bubble, even though he admits we have "froth."
( Full story here )
posted by Oil Shock at 4/21/2006 07:29:00 PM
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