If you can skip ahead of the lot of the Greenspan-ese here, this is a great interview of Alan Greenspan done by WSJ’s Kelly Evans.
A few points:
- He’s very worried about the deficit and sees a 50/50 chance of a bond collapse.
- He thinks the ultimate thing to watch is the wealth created by a rising stock market.
- And he’s defiant towards his critics (this comes right in the middle, around the 11 minute mark), imploring them to “prove him wrong”).
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