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Alan Greenspan - But how do we know when irrational...

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? (Alan Greenspan)

But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?

Alan Greenspan

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asset decade exuberance irrational japan past subject unexpected

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