Greenspan’s 1998 warning finally rings true for Yellen in 2015
September 23, 2015 at 06:30 AM EDT
Janet Yellen didn’t raise interest rates last week primarily because the warning Alan Greenspan gave in 1998 that the U.S. could not remain “an oasis of prosperity” in a world of turmoil was finally ringing true, writes Caroline Baum.
