Greenspan wrong?!

How could it be? lol

http://news.ninemsn.com.au/article.aspx?id=652630

Greenspan called this "a flaw in the model that I perceived is the critical functioning structure that defines how the world works".

Greenspan was the conductor of this train wreck.

Greenspan and Bernanke have pulled the trigger on weapons of mass financial destruction.

Along the prosperity...when everyone can eat his share on global economy, Greenspman was the financial master for several years...but, now he was wrong? After mistakes and irresponsability from third parties...now the master is wrong?

This is an old characteristic from every human...always blaming great masters, to be an icon of disasters conducted by third parties (and in many cases, by all population)...this is why the world suffers...along all history!

Is very easy to open a big mouth to accuse and to sacrifice somebody...very, very easy...this is why everyone prefer to choose this option...this is why all humanity is sacrificed by bastards!

Stupid humanity nature...

Call it stupid human nature to blame the master all you want. Will I blame the guy who supposedly knew what he was doing when he lowered the interest rate to almost nothing and created this huge real estate bubble? Will I blame him for not seeing that coming? Absolutely

If I run the local bar and lower my prices to almost nothing, more people will get drunk and get sick all over town. Maybe some will drive drunk, kill themselves and kill others. In a nutshell, I would be creating a huge mess. Would I be blamed for my lack of foresight? You bet I would.

and you think that all this money printed at the moment want feed with the time an other bubble?

But what can you do instead?

No, their is no one to blame besides politicians who make new laws which in the end are only enforcing and speeding up the bubbles !