Sanders verses Greenspan is not as Interesting as Greenspan verses Greenspan: You may have seen it recently. A meme purporting to show that Bernie Sanders called out the Alan Greenspan and predicted the Great Recession some five years before it happened. To Sanders supporters this is an amazing thing, however from the rest of us it illicits a giant “meh”. Lots of people predicted the housing bubble crash and did so decades before the scheme was begun. From Mises to Hayek and even Greenspan in 1966 and 1977. In fact if Greenspan had acted a little more like the free marketers that had once been his mentors and a little less like a Bernie Sanders the whole thing might have been avoided.
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Maybe Bernie is clairvoyant, and can open a fortune telling booth in Vermont...Other than that he is one of millions who could see the economy was going to take a shit, well everyone but libtards...
I wish I could say that I paid attention to Greenspan, but I tried to listen to him once, and found myself in a coma. He could put a Tasmanian Devil to sleep in 12 seconds or less.
That would explain a lot considering the likelihood that those in charge of regulating derivatives markets listened to him religiously... and got a stiff dose of his verbal sedative.... asleep at the wheel?
Verses or versus?
In any case this makes perfect sense if we consider that the housing bubble was deliberately engineered. This suggests to me that more burst bubble crises are in the offing as the political elite further engineer their heist of the middle class.