Have a feeling the man who called all this a "pale recession" may be a shade late on the cliff analogy in his latest (presumably unpaid) media utterance.

Great quote in there too from the man who produced the Cash for Clunkers notion, Alan "Playing a" Blinder:

“if there are no more reversals, history will judge that by May 2009 we will have passed the worst of the crisis.”

Let me offer readers this free, evergreen tool in the same spirit:

“if there are no more reversals, history will judge that by [fill in a date of your own choosing] we will have passed the worst of the crisis.”


UPDATE: James Quinn, the Daily Telegraph's "Wall Street Correspondent" this morning described Mr Greenspan's message in this same interview as "prescient". Right. My bad.

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