(Editor’s note: This is complete and utter claptrap propaganda.   Speculation is caused by the availability of easy credit money via the system of fractional reserve banking which the Fed manages.  Real leaders take responsibility for the failure of the group instead of blaming it on their followers.)

LONDON (Reuters) – Another global financial crisis is inevitable because human nature always reverts to “speculative excesses” during a period of sustained prosperity, former U.S. Federal Reserve Chairman Alan Greenspan said.

“The crisis will happen again but it will be different,” he told BBC Two’s “The Love of Money” television series.

“That is the unquenchable capability of human beings when confronted with long periods of prosperity to presume that that will continue,” he said.

Read entire article