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Greenspan: Another financial crisis inevitable

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posted on Sep, 9 2009 @ 05:02 PM
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Another global financial crisis is inevitable because human nature always reverts to "speculative excesses" during a period of sustained prosperity...



"That is the unquenchable capability of human beings when confronted with long periods of prosperity to presume that that will continue," he said.


www.reuters.com...



posted on Sep, 9 2009 @ 05:03 PM
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As you all know, most people are stupid and have a short memory.


www.reuters.com...

Check out his earlier "prediction": www.abovetopsecret.com...



 
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