Greenspan’s Irrational Exuberance Looks Entrenched, 20 Years On
Alan Greenspan, former chairman of the U.S. Federal Reserve (Photographer: Andrew Harrer/Bloomberg)

Greenspan’s Irrational Exuberance Looks Entrenched, 20 Years On

(Bloomberg) -- Two decades after then-Federal Reserve Chairman Alan Greenspan fretted about asset prices reaching unsustainable levels -- a pronouncement that caused a brief interruption in the U.S...
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