Greenspan at central bank panel discussion

In the speech 'Central bank panel discussion' given on 6 June Alan Greenspan of the Federal Reserve said that recent efforts to restrict international trade and hinder free markets represent a "truly worrisome" threat to global prosperity.

Greenspan warned that he and other economic policymakers cannot always foresee and prevent financial crises. The best insurance against such events is to promote financial "flexibility and resilience," he said.

He expressed concern that the U.S. and global

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