History cautions that extended periods of low concern about credit risk have invariably been followed by reversal, with an attendant fall in the prices of risky assets.
More Quotes from Alan Greenspan:
We owe it to those who will retire over the next couple of decades to promise only what the government can deliver,Alan Greenspan
these borrowers, and the institutions that service them, could be exposed to significant losses.
Alan Greenspan
Nobody has the capacity to fathom fully how the effects of the tragedy of Sept. 11 will play out in our economy,
Alan Greenspan
The problems that we have seen are, in one sense, more domestic than they are international,
Alan Greenspan
While the adjustments may be difficult for a time, these crises will pass. Stronger individual economies and a more robust and efficient international economic and financial system will surely emerge in their wake,
Alan Greenspan
new innovations have begun to alter the manner in which we do business and create value, often in ways not readily foreseeable even five years ago.
Alan Greenspan
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Based on Topics: Danger & Risk Quotes, History QuotesBased on Keywords: cautions
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