Greenspan warns of worst crisis since 1945

[Hobbs]

The former Federal Reserve chairman Alan Greenspan ominously suggested the current financial crisis might turn out to be the worst since World War II, in remarks due to be published on Monday.

http://www.france24.com/en/20080317-current-crisis-most-wrenching-1945-greenspan-financial-global-economy&navi=ECONOMIE

[kapil354]

I m scared when fed will start increasing the rates. After a substantial rate cut; they will have to increase the rates at certain point.