Alan Greenspan and “The World is Flat”

I had just happened to switch on the CSPAN televised testimony of Federal Reserve Bank Chairman , Alan Greenspan (June,9 , 2005 Joint Economic Committee of the US Congress).

It was delightful to see how each Committee Member enjoyed the opportunity of talking to the venerable Greenspan!

Somehow the MSM (Main Stream Media) has not picked up theĀ  question someone asked Greenspan about the “The World is Flat” by Thomas Friedman. Alan Greenspan commented on the cover jacket picture but did not seem unduly concerned about the outsourcing question in the new global world. GreenspanĀ  gave the impression that Americans and America would eventually find more opportunity than threat in the outsourcing phenomenon.

For me it was time to start my blog…..

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