Greenspan: Odds of a Recessions Are Rising, Economic Growth Is Getting Close to 'Stall Speed'
JEANNINE AVERSA,AP News
Dec 13, 2007 19:00 EST
Former Federal Reserve Chairman Alan Greenspan says the odds the U.S. will fall into a recession are "clearly rising" and he believes economic growth is "getting close to stall speed."
Greenspan, who ran the central bank for 18 1/2 years, until early 2006, offered his views on the economy in an interview on NPR News' Morning Edition that will air on Friday. Excerpts of the interview were released on Thursday.
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