Greenspan says U.S. virus failure threatens recovery, aids China

Click here to get this article in PDF

Bloomberg/Rich Miller

photograph of 100 yuan and $100 bills“The Covid-19 crisis has presented a real threat to the U.S. position of global dominance. As political tensions heat up between the world’s two largest economies, the balance of power that will result is still unclear, but becoming of increasingly greater concern by the day.” – Alan Greenspan

USAGOLD note:  The former Fed chairman made these comments (at the link above) in his role as economic advisor to Advisors Capital Management.


Repost from 8-20-2020