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