Glass half empty:
Former Federal Reserve Chairman Alan Greenspan said Thursday there’s at least a 50% chance the United States will slip into recession, and that the storm clouds over the economy won’t clear until home prices bottom out.
Glass half full: (from October)
Former Federal Reserve chairman Alan Greenspan has said the rate of US economic growth was slowing, but the odds of a recession are less than 50 percent. Read the rest of this entry »
