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August 13, 2007

Alan Greenspan Needs Work

Apparently his new consulting gig isn't enough work for Alan Greenspan. He's back to predicting stock market crashes, as this quote from a speech today shows:
Dr Greenspan said that the recent boom in Chinese stocks could not last. “It is clearly unsustainable,” he said. “There’s going to be a dramatic contraction at some point.”
[via Times]

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