Brexit

Out of context: Reply #147

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  • mg330

    I won't pretend to know much about what's going on, but I thought I'd share Alan Greenspan's comments about the vote, and the potential for some bad impact to the world economy:

    "This is the worst period, I recall since I've been in public service. There's nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away."

    http://www.cnbc.com/2016/06/24/a…

    • hard to take greenspan seriously when he thought people would be responsible with low interest rates. id assume anyone can see the outcome much like
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    • leaving a bowl of candy on the doorstep at halloween with a sign only take one.
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