The 1987 crash? Forgotten in a few months of cheap money.
The 1998 Asian crisis? Forgotten in a few months of cheap money?
The irony of it is that these statements basically confirm exactly what the articles are saying about Greenspan's management of these financial crises.
Yes, these crises were quickly forgotten. And thank God they were. What would be a better alternative, a real financial panic and a deep recession or depression? What was (is) the alternative?
