From the Center
AllSides Media Bias Rating: Center
Former Federal Reserve Chair Alan Greenspan has died at the age of 100. His reputation predeceased him. He headed up the Federal Reserve from 1987 to 2006, the second-longest term of any chairman, and this period coincided with a sustained economic expansion in the US, interrupted only by several mild recessions. The expansion turned out to be the mother of all asset bubbles in housing and stocks which, when popped in 2007, caused the most devastating global financial crisis since the Great Depression.
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