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Getbig Main Boards => Politics and Political Issues Board => Topic started by: howardroark on August 22, 2012, 03:04:33 AM

Title: Alan Greenspan: Voodoo Economics Witch Doctor
Post by: howardroark on August 22, 2012, 03:04:33 AM
In this BusinessWeek interview (http://www.businessweek.com/articles/2012-08-09/alan-greenspan-on-his-fed-legacy-and-the-economy), he claims that he's "trying . . . to figure out" how "fear, euphoria, and herd behavior significantly affect modern economies."

So THAT'S what caused the crash - not easy credit from the Fed blowing up bubbles left and right  ::)