Former Fed Chair Alan Greenspan doesn't expect a recession to arrive anytime soon — and uses one sta

Former Federal Reserve Chairman Alan Greenspan told Bloomberg that it's too soon to start worrying about a US recession. Greenspan cited the ratio of capital spending to cash flow, arguing that companies are still confident enough in the economy to continue spending on long-term investing and avoid borrowing. "No recession in the last half century, at least, began from a period of deleveraging," the former Fed official said. Visit the Business Insider homepage for more stories. Former...