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I don't know if this what you're looking for, as Greenspan was not prognosticating, but speaking in hindsight. "Greenspan said in an interview with Austrian ma
by pius 19y ago
I don't know if this what you're looking for, as Greenspan was not prognosticating, but speaking in hindsight.
"Greenspan said in an interview with Austrian magazine Format that low interest rates in the past 15 years were to blame for the house price bubble, but that central banks were powerless when they tried to bring it under control."
http://www.reuters.com/article/ousiv/idUSL2146624120070921 http://www.reuters.com/article/ousiv/idUSL2146624120070921