Mortgage Blog

Alan Greenspan's Nine Reasons "Why The Economy Stinks"

September 15th, 2014 3:18 PM by Eric Fang

see the link below for the keynote speeches for the insurance industry last week: http://www.zerohedge.com/news/2014-09-10/alan-greenspans-nine-reasons-why-economy-stinks

Basically, here is the summary:
9)Lack of confidence.
8)Renting instead of buying.
7)It’s a global problem.
6)China’s debt bubble is going to burst.
5)A diminished U.S. military means an unstable world.
4)Interest rates and inflation.
3)Regulatory over-reach.
2)A lack of leadership.
1)Nobody appreciates insurance enough.

The last one is just for the meeting.
Posted in:General
Posted by Eric Fang on September 15th, 2014 3:18 PM

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