Greenspan's response: http://thelead.blogs.cnn.com/2013/10/25/alan-greenspan-defends-legacy-from-harsh-criticism/ … "housing bubbles were everywhere!" 1st, that doesn't excuse you; 2nd, U.S. leadership mattered.
@ddayen Why is it that places that DIDN'T have a bubble (like Detroit) crashed too?
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@emptywheel@ddayen - Wait. Greenspan says he figured out irrational exuberance was a problem a decade after he said it was a problem?Thanks. Twitter will use this to make your timeline better. UndoUndo
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