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  5. Without calling the overall national issue a bubble, its...

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

Alan Greenspan
Issues, Calling, Patterns
"Greenspan Is Concerned About 'Froth' in Housing". Speech at the Economic Club of New York, Hilton New York hotel in Midtown, www.nytimes.com. May 21, 2005.
Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.