A Quote by Alan Greenspan

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War. — © Alan Greenspan
The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.
The current situation of the earthquake, tsunami and the nuclear plants is in a way the most severe crisis in the 65 years since World War II.
Our world is facing a refugee crisis of a magnitude not seen since the Second World War. This presents us with great challenges and many hard decisions.
Now that we've made that decision, everyone is thinking about the practical consequences and I think Theresa May could be the most challenging prime ministership since the Suez Crisis, possibly since the Second World War.
By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact, has made another crisis more likely.
This unprecedented crisis, which is without doubt the worst since the second world war, is not over.
One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it.
We have the smallest navy since 1916, we have the lowest number of troops since the end of the Second World War. We've got to work with the congress and Donald Trump will, to rebuild our military and project American strength in the world.
The way that Trump spoke about the outside world was the most aggressive, most hyper-nationalist, and in some ways most hostile of any inaugural address I think since the Second World War.
The First World War not only destroyed European civilisation and the empires at its heart; its aftermath led to a second conflagration, the Second World War, which divided the continent until the end of the century.
After the end of the Second World War it was a categorical imperative for us to declare that we renounced war forever in a central article of the new Constitution.
Administration has managed the extraordinary feat of having, at one and the same time, the worst relations with our allies, the worst relations with our adversaries, and the most serious upheavals in the developing world since the end of the Second World War.
Is it not tragic, for example, that while in the last World War almost everyone believed it was the war to end all wars and wanted to make it so, now in this Second World War almost no writer that I have read dares even suggest that this is the war to end all wars, or act on that belief? We have lost the courage to hope.
Since the end of the Second World War, our population has more than doubled to 27 million people.
The Russians and the Chinese have been making enormous investments in the military. We have the smallest Navy since 1916. We have the lowest number of troops since the end of the Second World War. We've got to work with Congress, and Donald Trump will, to rebuild our military and project American strength in the world.
The current financial crisis makes it very clears that the system that we have isn't really working, and this is the right time for us to undo things and build them in a new way.
What have we achieved since the end of the Second World War? We have allowed petty, bourgeois regimes in which everything is average, mediocre.
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