It is very difficult to predict when a bond crisis could happen. Alan Greenspan bondcrisisdifficult Change image and share on social
There is a limit to how much the United States Treasury can borrow. Alan Greenspan borrowlimitstate Change image and share on social
Europe is very critical to the United States in the sense not only do we have a fourth of our exports there, but more importantly, a significant proportion of the foreign affiliate profits in fact, half of U.S. corporations, are in Europe. Alan Greenspan affiliatecorporationcritical share on social
The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default. Alan Greenspan debtdefaultmoney Change image and share on social
It's only when the markets are perceived to have exhausted themselves on the downside that they turn. Trying to prevent them from going down just merely prolongs the agony. Alan Greenspan agonydownsideexhaust Change image and share on social
Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow. Alan Greenspan americancompetitioncountry share on social
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion. Alan Greenspan contagiondebtfailure Change image and share on social
The culture of Greece is not the same as the culture of Germany, and to fuse them into a single unit is extremely difficult. Alan Greenspan culturedifficultextremely Change image and share on social
Diplomacy is really far less important than the stock movements within Russia. Alan Greenspan diplomacyimportantmovement Change image and share on social
The only way you get economic progress, real standards of living moving higher, is to have the savings of the society continuously invested in the cutting-edge technologies. And those technologies which are obsolescent get dropped out. Alan Greenspan continuouslycutdrop share on social