Actually, it's all OK, says Hubbard

Potential Greenspan-successor tells CSFB conference that worries about the US are overblown.

Glenn Hubbard, the Dean of Columbia Business School and former Chairman of George W Bush's Council of Economic Advisors, is the man credited with Bush's massive first term tax cuts. As such, there are some who think of him as the 'Father of the deficit'. He could also be the man who replaces Alan Greenspan at the Fed next year.

It was no surprise therefore that at the CSFB Asian Investment Conference on Friday, he spoke to a full house.

Previous sessions during the week had seen influential figures such as Joseph Stiglitz and hedge fund guru, Art Samberg make very negative predictions on the US economy....

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