Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard 06-28-2016 • http://www.zerohedge.com, by Tyler Durden "This is the worst period, I recall since I've been in public service. There's nothing like it, including the crisis — remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the bottom of all potential problems. This has a corrosive effect that will not go away. I'd love to find something positive to say."
Strangely enough, he was not refering to the British exodus but to America's own economic troubles.
Today, Greenspan was on Bloomberg Surveillance where in an extensive, 30 minutes interview he was urged to give his take on the British referendum outcome. According to Greenspan, David Cameron miscalculated and made a "terrible mistake" in holding a referendum. That decision led to a "terrible outcome in all respects," Greenspan said. "It didn't have to happen." Greenspan then noted that as a result of Brexit, "we are in very early days a crisis which has got a way to go", and point to Scotland which he said will likely have another referendum on its own, predicting the vote would be successful, and Northern Ireland would "probably" go the same way..........
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Poster Comment:
Wonderful -- it appears the Jue bastard's going to live to experience the results of his own treachery. But surely a special plush apartment is prepared for him 'neath the Greenbriar in WV with the other swells so prestigiously ruining our lives? Like Hillary, Greenscam started out a solid conservative, but something mysteriously changed.