We all know that Alan Greenspan has made a big masterpiece in the international markets, in the last part of the 20th century.
Even, after leaving the Fed, any remark from Mr. Greenspan make some noise. But, as always: good noise.
Mr. Greenspan, right now, is telling us about China. In this case, what he has said, doesn't surprise us: former Federal Reserve Chairman Alan Greenspan warned a big correction is due in Chinese stocks.
We do not believe in trees rising to the skies. The bubble in Chinese stock market, will burst, right now, or 3 years from now.
Investors, with or without speculative behaviour will be burned. Just because of that, the warning from Mr. Greenspan it is very healthy.
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