Filthy Statist And Anti-Free Trade Greenspan: 'Crisis Will Happen Again'

Another financial crisis is inevitable "unless somebody can find a way to change human nature," says Alan Greenspan in an interview with the BBC. The former Fed chairman—who has faced stinging criticism for his own role in precipitating the 2008-09 global recession—denied any responsibility for the crisis, saying that it was "a once-in-a-century type of event." But he also complained that bankers were systematically underpricing risk and "at some point a correction would be made."

Greenspan is unimpressed by recent attempts to rein in wild markets.

"In order to prevent the situation arising again financiers and governments should look to clamp down..."

http://news.bbc.co.uk/2/hi/business/8244600.stm

Filthy Statist And Anti-Free Trade Greenspan: 'Crisis Will Happen Again'

Filthy Statist And Anti-Free Trade Greenspan: 'Crisis Will Happen Again'

Anarcho-Capitalist Categorical Imperatives

AnCaps' Laissez-faire Free Trade Zone