We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy rules of prudence are as formidable as ever. We violate them at our own peril.
Alan GreenspanWithout calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.
Alan GreenspanCrony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.
Alan GreenspanI must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more
Alan Greenspan