Fmr. Fed Chair Greenspan: Europe and the U.S. are in trouble

Former Federal Reserve Chairman Alan Greenspan discusses the long-term economic growth problems in both Europe and the United States.

[DirtyMagurt]

This guy should be in prison with all the rest of the crooks in Washington !!

[Hurmeri]

If the crisis he speaks of WAS plain to see "25 years ago", what did he do to prepare against that very crisis back when he was the head of the central bank?

[mrtracyut]

I can't believe he said we predicted this 25 years ago and nobody is doing anything about it!!! You were in a position of extreme influence do do something!! What did you do?!!! Besides throw us to the wolves.

[charleswilson]

simple stop spending on making war. Start spending on economic developments. your airports are a disgrace to international visitors second start upgrading your roads and transport. get the people to tighten their belts and to get america back on the feet. 3rd sack the banksters and the feds. no more printing take the medicine you will get better

[chautrongan]

THANK SIR, GOD BLESS AMERICA AND GREECE-ROMAN.

[jackgoldman]

Trump may supervise the bankruptcy of America. Trump knows how to do this. We have to default on pensions, and renegotiate. Public employees need pensions capped at $3, 000 per person, per year. That solves a lot of problems. Retired people with no debt should not collect $10, 000 a month pensions as married government employees.

[Chadisms]

With great power comes great responsibility. Greenspan and colleagues wanted to control the money supply. When it all hits the fan they will now take the heat. Good luck banksters, you're going to need it.

[pedrozaragoza]

Mr. Greenspan is a genius. Those who are unaware of their own choices seek to blame him. However, it is our irresponsible spending that has driven us to debt and not the central bank. The central bank simply reacts to the choices we make.

[peterscherling]

Pass a law that everyone is to recieve a min wage of 1500 dollars a month wether they expecially if they are disabled or over 65 years old! When the money runs out declare the debt to be treason and penelty to be non payment!

[peternewton]

see
The trail of the Troika
A must -see to understand
the Situation in Greece

[jamiekloer]

This is a problem with government becoming to big. I’m willing to pay more for someone I know and care about. But when you ask me to give my hard earned money to someone I don’t even know forget it. Why our founders though government needed to be small and local.

[CornerTalker]

"what we're legally obligated to spend" 4:20
Of course, a stroke of the pen can change that!

[paulartz]

I agree with Greenspan on his economics.

[justindo]

we're heading in the right direction in other words people!

[nac]

We could always just end the federal reserve, that would save the US billions if not trillions. Ha but yes we should do something about all the for banks and corporations, that's is. Considering they are the biggest recipients of government entitlements.

[jamiekloer]

Did he say debate we don’t even acknowledge what is happening. Europe japan China America we are all in trouble.

[CreativeRecipeswithKaren]

entitlements are also for kids on the autism spectrum. Also, there are no jobs so how will you have productivity.

[jamiekloer]

We are all idiots and criminals. We wAnt entitlements we can’t afford and never could. Ya the people on top are all idiots but so are we.

[sergiogil]

Bernie called him out years ago. just look up bernie vs greenspan on YouTube.

[peterscherling]

The housing problem relates to the new bankruptcy laws! So revert back to the old bankruptcy laws for people with incomes less than 50k a year!