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The Big Picture | Alan Greenspan on The Daily Show

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The Big Picture | Alan Greenspan on The Daily Show
Topic: Business 5:36 am EDT, Oct 13, 2007

Greenspan: I was telling my colleagues the other day...I’d been dealing with these big mathematical models for forecasting the economy, and I’m looking at what’s going on the last few weeks and I say, “Y’know, if I could figure out a way to determine whether or not people are more fearful, or changing to euphoric... I don’t need any of this other stuff. I could forecast the economy better than any way I know. The trouble is, we can’t figure that out. I’ve been in the forecasting business for 50 years, and I’m no better than I ever was, and nobody else is either.”

Stewart: (Leans back in chair)...You just bummed the sh*t outta me!

The Big Picture | Alan Greenspan on The Daily Show



 
 
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