ALAN GREENSPAN, the former chairman of the Federal Reserve, proclaimed last month that no one could have predicted the housing bubble. “Everybody missed it,” he said, “academia, the Federal Reserve, all regulators.” But that is not how I remember it. [read at NYT]
Peter Schiff, who also called the housing crisis, responded to Greenspan in the 2nd video and challenged him to a public debate. I'd like to see that.