Like it or not Greenspan has a habit of being right… “Former Federal Reserve Chairman Alan Greenspan said the U.S. is ‘nowhere near the bottom’ of the housing slump and is ‘right on the brink” of a recession.’More, from CNBC.com: “… he also warned that ‘Fannie and Freddie are a major accident waiting to happen.’
His comments came in an interview on July 31st with CNBC. I’ll look for more quotes on housing from the interview and add them to this post.
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