Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
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Friday, July 11, 2008
Fears Grow over Fannie and Freddy
Fears Grow Over Mortgage Giants -- Stocks of Fannie Mae and Freddie Mac are hammered as the housing slump spreads. Future of these two giants being debated. Gvt takeover required?