Greenspan confirms my forecast …

SCT Issue #255

Just an additional quick note here, I almost never watch CNBC, but I had it on this morning as I was doing my yoga. Interestingly, in a short interview, Alan Greenspan seems to agree with what my cycles are saying. In a nutshell, here’s what he said:

Central banks and monetary policy are not the problem. Fiscal irresponsibility is the problem. Debt, deficits and entitlement programs are all coming to a head in a few months, all over the world.

In other words, governments are the problem!

Here’s the link to the Greenspan video on CNBC’s website:

http://www.cnbc.com/2015/09/04/if-we-dont-deal-with-fiscal-policy-monetary-policy-will-become-irrelevant-greenspan.html

Best wishes,

Larry