: The finance. most people believe that this year, while the United States economy remains robust growth, the Fed Chairman Alan Greenspan before but it sounded the alarm: the end of may in the United States economic recession. Greenspan is yesterday through satellite links to attend a business conference, expressed this view.
"When we leave a time of economic recession and farther, often is resulting in another field of depression. "Greenspan said that the United States economy from 2001 began expansion, there are signs that this round of economic cycle is about to come to an end.
"In fact we are beginning to find this sign. For example, the current United States enterprises profit margins start stability, this is the next cycle of early signals. "" We may in the last few months experience depression, but most people expect otherwise. "Greenspan believes that forecast a recession time is not easy, do not rule out the recession occurred at the end of the year.
He reminded that the risk appetite of investors have very high so that the financial assets of the risk premium has become "very low", and this situation may cause problems in the future.
Greenspan also said that if the economic and financial shocks, the United States and other countries around the world will be more flexible than in the past. He suggested that policy makers, and to predict the next shock when will come, it would be better to create one absorbs unpredictable events of the economic environment.
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