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But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?
Alan Greenspan
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Alan Greenspan
Age: 98
Born: 1926
Born: March 6
Banker
Economist
Entrepreneur
Jazz Musician
Politician
New York City
New York
Decades
Exuberance
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Prolonged
Subjects
Asset
Values
Decade
Past
Irrational
Become
Assets
Escalated
Japan
Unduly
Unexpected
Contractions
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