In 2009, Krugman stated that "deficits saved the world." However, in 2003, when Alan Greenspan and the Bush administration were destroying this country's balance sheet, Krugman was scared to death about inflation. ... Read the full post ... Read more
By John Tamny of RealClearMarkets When economic problems reveal themselves, a great deal of finger-pointing inevitably ensues. For quite some time now economists and commentators have sought to place blame for the housing crisis, and quite a lot of it has been heaped on former Federal Reserve Chairm ... Read more
Alan Greenspan bears some of the responsibility for our economic disaster, and he knows it. Today’s featured property is one of the biggest discounts I have seen to date on a high-end property. Asking P rice: $900,000 Address: 22 Gray Dove, Irvine, CA 92618 ... Read the full p ... Read more
The Financial Times is reporting Alan Greenspan Hops On Board The Nationalization Express and is sitting in the bar car next to Nouriel Roubini. The next stop is D.C. The US government may have to nationalize some banks on a temporary basis to fix the financial system and restore the flow of ... Read more