Alan Greenspan in an interview published on Sunday:
We would have to see signs of this intensification; there are some, but not many yet. Therefore … I would not describe the situation we are in as a recession, although the chances that we'll have one are more than 50 percent.Alan Greenspan on Tuesday:
Consumers are beginning to shrink in, the automobile markets are beginning to contract, production is beginning to ease, and we are in the throes of recession.Important new data came-in on Monday? El Pais sat on the interview for some significant period?