Geopolitics
The Ghost of Greenspan: Will the Fed's AI Folly Unleash Another Global Crisis?
Alan Greenspan's legacy offers both a masterclass in data-driven patience for productivity booms and a stark warning about the perils of free-market ideology in financial regulation. It is infuriating to see the same West-centric hubris that created the 2008 crisis resurfacing, as the Fed under Kevin Warsh seems poised to repeat history by prioritizing Wall Street's demands for deregulation over the stability of the global economy.
