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Friday, June 18, 2010

Greenspan Expresses Worry Over Growing Debt

“Former Federal Reserve Chairman Alan Greenspan said the U.S. may soon face higher borrowing costs on its swelling debt and called for a ‘tectonic shift’ in fiscal policy to contain borrowing.” (Bloomberg, Thursday)

Welcome to the party Mr. Greenspan.

FEE Timely Classic:
The Greenspan Fed in Perspective” by Roger Garrison