Now Greenspan is saying we may be entering a depression that will rival the Great Depression.
But keep printing those fiat dollars!
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Originally Posted by Mutt
and the Harvard educated economists have no more clue really than the armchair economists. Greenspan even admitted he had no idea what the hell the sub prime mortgages were about or the possible impact.
if it was simple as you imply it is for somebody who really understands 'how the system really works' there would be no mess to start.
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