Sunday, June 13, 2010

Marc Faber : Greenspan should never have been a Fed Chairman

Marc Faber : Greenspan should never have been a Fed Chairman
Marc Faber :"The problems of the US economy have nothing to do with “global uncertainty”. Greenspan messed it up so royally that he now has to find an excuse for his disastrous handling of the economy over the last 10 years or so. Now, we are paying the price for the ill-fated US belief that all problems can simply be solved by easing, printing money and expanding credit. Mr. Greenspan should never have been a Fed Chairman and future historians will judge him very negatively."
Interview by KWR Int'l

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