Alan Greenspan: Globalisation and innovation Remarks by Mr Alan Greenspan, Chairman of the Board of Governors of the US Federal Reserve System, at the Conference on Bank Structure and Competition, sponsored by the Federal Reserve Bank of Chicago, Chicago, Illinois, (via satellite), 6 May 2004.
*  *  *  The United States economy appears to have been pressing a number of historic limits in recent years without experiencing the types of financial disruption that almost surely would have arisen in decades past.