Greenspan: Cause the bubble - check. Then warn about asset prices collapsing? Weird.
Published Saturday, June 17, 2006 by Real Estate Pro | E-mail this postFormer Federal Reserve Chairman Alan Greenspan warned on Wednesday a global glut in liquidity would result in a fall in asset prices. "A good part of this expansion is a direct function of the decline in real equity premiums," Greenspan said.
He said asset prices would begin to fall, but did not predict when that would happen.
Tagged: equity
Greenspan: Cause the bubble - check. Then warn about asset prices collapsing? Weird.
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