Greenspan: Double Dip Recession Odds Have Fallen Very Significantly

By Evan Harris

Apr 4, 2010 10:13am

Former Fed Chairman Alan Greenspan told me the odds of a double dip recession have “fallen  very significantly in the last two months.”  In my “This Week” exclusive interview, Greenspan told me, “there's a shortage of inventories out there and we're on the edge of a significant build-up.”  That build-up, he says, will produce a “self-reinforcing cycle.”

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