Jump to content
Sign Up To Remove Ads!

Archived

This topic is now archived and is closed to further replies. Want this topic removed from the archive?

CSB

"We're In Trouble": Alan Greenspan Delivers Stark Warning

Recommended Posts

 CSB    2,162

"We're In Trouble": Alan Greenspan Delivers Stark Warning

Posted Feb. 1. 2016

Were you wondering what Alan Greenspan thinks about the outlook for monetary policy across the globe?

Neither were we, but Bloomberg was and Tom Keene and Mike McKee got the “privilege” of sitting down with the “maestro” on Monday afternoon to discuss a variety of topics including NIRP, which Greenspan says “warps investment behavior.”

While he isn’t willing to go so far as to condemn negative rates as “dangerous,” he does say the global race to the proverbial Keynesian bottom is “counterproductive.”

Read the whole post here : http://www.zerohedge.com/news/2016-03-01/were-trouble-alan-greenspan-delivers-stark-warning

This all means is we have to flush the Fed and the banking system down the toilet for a true recovery to take place .

Share this post


Link to post
Share on other sites

×