"Do not blame the free market because of the economic issues that recently the world are facing." Here he is the Alan Greenspan, raw Thong Department of the U.S. Federal Reserve Fed.
Japan to report on the Finance, Greenspan write that: nature of man rotation switch from state to fear the status excitement and vice versa, but the rules do not effect anything in the resolution of the crisis in calendar history. He called the status degradation economy is "event happens to one to two times per century that the original root of it is concerned about the ability of payment of the large financial institutions."
Credit crisis can not comment on the dynamics in support of cash quickly the central bank, which is when the national credit was exchanged with credit bank privatization. Concerned about the ability of payment has not been able to wipe disposal and may have more banks and other financial institutions will be the government guarantee. Also, according to Greenspan, crisis management capacity payments only end when housing prices in the U.S. starting on the property and mortgage rates are clear.