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]

Related posts:

  1. The Somewhat Shorter Alan Greenspan
  2. Alan Greenspan: How I Spent My Bubble Bursting Days, Part II
  3. Alan Greenspan: How I Spent My Bubble Bursting Days
  4. Instant Alan (Greenspan)
  5. Alan Greenspan on Drive-by Market Damage