Greenspan said that the economic crisis has near the end of the

United States Federal Reserve Board Chairman Alan Greenspan before 2 days said that the United States, the economic crisis has not completely ended, but the end is near.

In an interview that Greenspan United States Broadcasting Corporation (ABC) interview, said that the economy had hit bottom, despite the economic crisis also cannot be said to have completely finished, but had a "very close to the (end)".

Greenspan said: "I think the economic collapse is not possible. "He is convinced that in the United States economy has ushered in the inflection point in mid-July.

But Greenspan on real estate market still lack of confidence, that house prices are merely temporarily stabilised, still have the second reincarnation increase risk, but not likely to occur again fell sharply.

Obama said the United States economic recovery is in sight

United States President Barack Obama said on 1 August, although the United States economy is near bottom, but a few months to completely out of the recession. Obama also said that innovation will determine whether the prosperity of the United States, the economic prospects of the United States need to establish a newer, more solid economic fundamentals.

Obama revealed: statistics, year of the first few months, the United States economic recession than anyone expected, had several times near the edge of collapse.

He also stressed that the economic stimulus plan is successful, the new Government in the past few months performance far exceeded expectations, 7870 billion stimulus package delayed the United States economic recession velocity. Obama said that over the last few months has been in the United States economy investment decreased trend, and now economic investment has restored and stabilises, reflecting the economic recovery is in sight.