It was Greenspan’s notorious reluctance to intervene in financial markets, even when leverage was growing dramatically and asset prices seemed to have lost touch with reality, that created the problem.
Problém vznikl v důsledku Greenspanovy nechvalně proslulé zdráhavosti intervenovat na finančních trzích, i když dluhová páka dramaticky rostla a ceny aktiv budily dojem ztráty kontaktu s realitou.