The Mudcat Café TM
Thread #102499   Message #2450467
Posted By: Riginslinger
25-Sep-08 - 09:31 PM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
"I still am mystified about Greenspan's quote from a few years back that you can't see a bubble when it is forming. We could see it as clear as day."


                   Yeah, that's the part that amazes me. A few years ago you could have scraped a drunk up off the sidewalk with a pitch fork any place in the country, and he could have told you this is exactly where we were headed. Why graduates of Princeton, Harvard, and Yale couldn't figure it out has to make one wonder.