| About 15 years ago, in the US, we had a real | | | | terms were bantered around. Houses were |
| estate bubble burst. First, or among the | | | | being sold at |
| causes, the federal reserve board and Alan | | | | |
| Greenspan [neither have any sense according | | | | Decent prices and interest rates were not |
| to my values] both said that interest rates | | | | too bad.WHEN Mr. G said she he said, the next |
| had to climb because the economy was TOO | | | | day, the NYSE dropped about 150 points. |
| HOT!I was a faculty member in a business | | | | People who cared about what he said, got |
| college and I asked my associates both | | | | scared and started philosophically jumping |
| locally and | | | | out |
| | | | |
| Nationwide--what is Greenspan and the fed | | | | Of tall building windows.Chicken Little was |
| talking about? What is too hot? NOT one | | | | running the FED; oh my God, if business picks |
| expect for an economist, had a clue. | | | | up another 5%, we are |
| Businesses were doing fairly good, | | | | |
| unemployment was fair, and other ambiguous | | | | All doomed. |