Alan Greenspan: Economy Feels Like A ‘Quasi-Recession’

The US economy is in the middle of a pause in a modest recovery that feels like a “quasi-recession,” Alan Greenspan, the former chairman of the Federal Reserve, said Sunday. Speaking on NBC’s “Meet the Press,” Greenspan said if home prices start falling again, we could be facing a double-dip recession. “It’s touch and go,” the ex-Fed chairman said. – CNBC