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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

Alan Greenspan

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Alan Greenspan
Age: 98
Born: 1926
Born: March 6
Banker
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New York City
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Since I've become a central banker, I've learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.
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The need for values is inbred. Their content is not.
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If we are to remain preeminent in transforming knowledge into economic value, America's system of higher education must remain the world's leader in generating scientific and technological breakthrough, and in meeting the challenge to educate workers.
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Anyone willing to do what is required to become president of the United States is thereby barred from taking that office. I'm only half joking
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
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The gut-feel of the 55-year old trader is more important than the mathematical elegance of the 25-year old genius.
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While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its size and diversity.
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Productivity is notoriously difficult to predict.
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But rules cannot substitute for character.
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I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.
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