Saturday, June 02, 2007

Economy USA: Alan Greenspan: Reviews 18 years at Federal Reserve Bank and peers into the future of world economy in new book

CNN.com carries a Reuters article, "Greenspan: 'Very unusual' economic conditions -- The former Fed chief, noting a 'very unusual' situation in which interest rates around the world are low, defended his trademark circumspection and reflected on the surprising lesson he got from 9/11." (Jun1,2k7):


Former U.S. Federal Reserve Chairman Alan Greenspan said Friday that U.S. interest rates are low, but that rates are low all over the world.

He said the prevalence of low interest rates throughout the world was one of the things that surprised him as he prepared his reflections on his past for the new book he was promoting, The Age of Turbulence [Sept2k7, Penguin Press].

CNNMoney.com's Allen Wastler discusses U.S.-China trade issues and Alan Greenspan's ominous warning. ... Greenspan warns China stocks primed to fall

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