Lowest mortgage rates in history.......look at how the housing market has reposnded! MULTIPLE government GIMMICKs for first time home buyers....it's all in there.
Gov backs, funds 100% of all mortgages now.....Obama is thinking of doing ANOTHER round of housing stimulus.....see how well the others worked?
In the meantime, runaway debt issuance could call into question the very fiat currency we all depend on, that the fed is supposed to protect....unabated GOV DEBT issuance anf FED monetizing threaten our very money system. Maybe Doug Noland and KD talk about it, few others.
I think above chart should put a DAGGER through the head of any speak easy trying to convince you they got your back or we got a plan..they got nothing.
And the market is so manipulated, controlled by the insiders and HFT'S....the real fair market system is broken.
D
1 comment:
I'm certainly not a Bernanke fan, these acedemics are so full of themselves.
Well I guess if 20 years of stimulus and deficit spending which has made Japan one of the most indebted nations hans't rid them of deflation....why not suggest more of the same?
Hopeless gang of goofs.
Post a Comment