Thursday, July 30, 2015

Alan Greenspan: This is 'extremely dangerous'

Alan Greenspan: This is 'extremely dangerous':
"On Wednesday, Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy.
"To me the discussion today shouldn't even be on monetary policy it should be on how do we constrain this extraordinary rise in entitlements," he said in a CNBC "Closing Bell" interview, calling the trend "extremely dangerous.""

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