GREENSPAN...ON TOUT TV TODAY...PROVED BEYOND ANY DOUBT THAT HE WAS THE ARCHITECT OF THE AMERICAN COLLAPSE...AND THE CURRENT GREAT DEPRESSION...
NOTHING GREENSPAN SAYS MAKES ANY SENSE...NOTHING!...IT'S ALL ECONOMIC GIBBERISH...WHICH SOME HOW AMERICANS WHERE DUPED INTO THINKING WAS "PROFOUND WISDOM"...MOSTLY BY TOUT TV AND OTHERS ON THE STREET...
GREENSPAN'S PROFOUND WISDOM WAS ALWAYS COMPLETE BULLSHIT...
ANYONE WITH ANY ECONOMICS BACKGROUND COULD SEE IT... BUT IT WAS IN THE INTERESTS OF WALL STREET TO "SELL" THE BULLSHIT AS MYSTICAL "RECEIVED WISDOM"...
THE REAL QUESTION IS HAS THE GREENSPAN LOOTING OF THE ECONOMY...BECOME IRREVERSIBLE...?
MY SENSE IS THAT THE DAMAGE IS PERMANENT...OR AT LEAST INTER-GENERATIONAL...
AMERICANS HAVE NO CLUE ABOUT HOW FAR DOWN THE BOTTOM IS FOR THEM...
NO ONE CAN CURE THIS COLLAPSE...IT IS SO TOTALLY AND COMPLETELY STRUCTURAL...AND WITH THE ELECTION OF MORE FOX REPUBLICANS IN NOVEMBER...THE DECLINES WILL GREATLY ACCELERATE...