Tuesday, June 7, 2005

GREENSPAN'S CONUNDRUM: AN UNEXPLORED 'HYPOTHESIS?'

Greenspan's Bubblenomics has trashed the US economy nearly beyond repair

....but that is the one "hypothesis" the G-man seems reluctant to explore.....

Greenspan used de-industrialization and free trade globalism to beat the wage inflation of the 1970-80's.....but that was like selling the company, rather than "fixing it."

HOW TO "HANDLE" THE NEAR COMPLETE DEINDUSTRIALIZATION OF AMERICA IS THE REAL "CONUNDRUM" THAT NEEDS ANSWERING......

When Greenspan entered the Fed he had GM AMERICA to deal with....now he leaves the Fed with WALMART AMERICA.....that is our conundrum now.