Sunday, September 14, 2008

US in 'once-in-a-century' financial crisis : Greenspan

More insight from Greenspan, he sure sees well in a rear-view mirror.

(Breitbart.com) The United States is mired in a "once-in-a century" financial crisis which is now more than likely to spark a recession, former Federal Reserve chief Alan Greenspan said Sunday.

The talismanic ex-central banker said that the crisis was the worst he had seen in his career, still had a long way to go and would continue to effect home prices in the United States.

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