Greenspan On China Bubble, 10 Year Note Yield If Above 4% (3/26/2010)

Greenspan spoke with Bloomberg about Treasury yields (if 10 year yield rises above 4% aggressively), the huge Federal debt, US jobless rate, US Dollar, China bubble and the Fed Rate/10 Year yield conundrum during 2004 which he said was responsible for the housing bubble and crisis. Here's a quick summary and then the 12 minute video.



Peter Schiff thinks the Fed was directly responsible (video).

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