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[JimWillieCB]

Greenspan comments parallel those made in 1930, amazing
I doubt he is aware
Bush certainly was not aware when he instituted trade tariffs on steel in May,
just like Hoover did in 1929

"The transition to the higher permanent level of productivity
associated with innovations is likely not yet completed... new productivity-enhancing capital investment will pick up soon."

-ALAN GREENSPAN, 10/23/02 Speech

Compare to ...

"Stock prices have reached what looks like a permanently high plateau."

-IRVING FISHER, Mathematical Economist (1867-1947)
Just days before the Great Crash in 1929.