Although America can print money like Ireland grows grass Greenspan is nervous about a
double dipper hitting the states.
Amid worries about a slowdown in economic recovery, Mr Greenspan said: "We're in a pause in a recovery, a modest recovery but a pause in the modest recovery feels like a quasi-recession."
Questioned on NBC's Meet the Press programme about whether the US could slide into another recession he said: "It is possible if home prices go down. Home prices, as best we can judge, have really flattened out in the last year.
Alan Greenspan warns that US could be heading for double-dip recession - Telegraph
For Ireland a doubledipper is inevitable as cut backs alone are often responsible and we cant print money.
For Ireland a triple-dipper?