Quote by: Alan Greenspan

It's only when the markets are perceived to have exhausted themselves on the downside that they turn. Trying to prevent them from going down just merely prolongs the agony.


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Author Bio


  • NameAlan Greenspan
  • Description13th Chairman of the Federal Reserve in the United States
  • BornMarch 6, 1926
  • CountryUnited States Of America
  • ProfessionEconomist; Banker; Politician; Entrepreneur; Jazz Musician
  • AwardsKnight Commander Of The Order Of The British Empire; Presidential Medal Of Freedom