Bring down the United States in 20 years? Greenspan's legendary life!
Alan Greenspan, a Ph.D. in economics from New York University, relied on computer models to make huge profits in the stock market in the '60s, and became chairman of the Reagan administration's economic advisers in the '70s and the Federal Reserve in 1987, reducing inflation by raising interest rates during his tenure, but this strategy led to the US stock market crash in 1987 and the re-election of President Bush in 1992. Greenspan's policies were largely based on free markets and self-regulation, and he was strongly opposed to government and antitrust laws, believing that business greed was the best protection for consumers, but this ideology led to the 2008 subprime mortgage crisis in the United States.