Greenspan Talks Economics on Hardball

Greenspan Talks Economics on Hardball
http://video.msn.com/video.aspx?mkt=en-US&brand=msnbc&vid=e6ed2f93-a265-433d-bd08-45ee090e6edc

Greenspan talks about current issues such as Medicare, The Fairtax, Taxes, and the current state of our economy.

>>25
If another country attempts mercantilism then they might be superior in one sector of the economy but at the expense of the rest, even if that sector scores them a lot of profit they will be more dependant on foreigners propping up the rest of their economy and as a whole they will lose out. If the US sets the example quickly a culture will arise which views mercantilism and state monopolies as corruption and these practices will diminish to but a few enclaves.

>>28
Ron Paul 2008