I remember back in 1996 when Greenspan warned of ‘irrational exuberance’, warning the market of overvaluations. Shortly after, markets really took off and everyone laughed at Greenie. I remember it vividly — because I was one of the people making fun of him. Now he’s like 100 years old and still saying the same shit. I have to give it to him, however, he definitely is sharp and has all of his faculties working for him. He aged like shit — but not all of us can look young forever.
Here’s Greenspan talking shit again, warning of US deficits, leverage being the highest since World War 2, saying we’re in a god damned bubble.
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He’s old.. he messed up big time. Like a recovering alcoholic, he has a list of stuff he has to check off.
On his is.. must warn the public before anything happens and mention greed and exuberance. Ah.. now I feel better.
Checked Off! Next item.
Netflix is a bubble with their crappy content. They spend like $30B a year and the last Black Mirror series sucked!
Black mirror was dreadful
Isn’t he the guy who didn’t understand the role of bank reserves?
Fuck Alan Greenspan
Don’t these guys retire?!
Oh, yes, Greenspan, the closet satanist of the FED temple who let the cat out in 1967:
nothing about bitcoin, eh?
At least he isn’t talking banana.
Greenspan looks like not aged a day since 1996. Always look like one foot in the grave and the other on banana peel.
Hes right. Name one “asset” that isnt overpriced. Our entire economy is now based on two running jokes Apple and Amazon. Seriously folks can anybody tell me how to expand my balance sheet with this current mess going on? I would be massive seller and purchaser or treasuries now. Amazon and Apple cannot possibly hold this country up.