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Posted by: DoseASpinoza 10 months ago
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DoseASpinoza10 months ago
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Precisely. Do you think you would have heard Greenspan suggesting bank nationalization on his watch?
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We could make a movie: "Fog of War II: Greenspan." His denial is simply monumental.
He dithers like an old man waving away any suggestion that he could have seen this coming. He was largely responsible for keeping the interest rates artificially low so people would keep spending instead of noticing the country was blowing trillons of dollars and hundreds of thousands of lives to kingdom come in a needless war.
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