Greenspan Warns Redux

Poor, Alan. He just can’t keep still these days. Now he’s causing trouble in China. The former Fed head spoke at a conference in Hong Kong. Naturally, no one could understand a word he said. Not that there’s an English-Chinese language barrier, but there’s a more difficult Greenspan-Coherence barrier.
In any event, his speech didn’t go over well. The Chinese stock market got slammed today. The Shanghai Composite Index fell 8.8%. That would be like the Dow losing over 1,000 points.
It’s the return of Greenspan Warns!

Stocks Fall As Greenspan Warns
Recession possible in 2007, Greenspan warns
Greenspan warns of likely U.S. recession
Greenspan Warns of Possible Recession

So is it possible or is it likely?
For more Greenspan Warns, see here, here and here.

Posted by Eddy Elfenbein on February 27th, 2007 at 9:46 am

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