He's back. Former Federal Reserve Chairman Alan Greenspan, who last week may have triggered the global market sell-off by hinting that recession was a possibility in the U.S. this year, has reiterated his concerns. Greenspan said there was a "one-third probability" of a recession this year, noting that the current six-year expansion was unlikely to continue as long as its 10-year predecessor.
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recession, Greenspan, economy
Labels: economy, Greenspan, recession
posted by Victor Lloyd Smith @ 11:51 AM
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