FED POLICY OF ZIRP WORKS HERE....OOOOPS NO INFLATION RIGHT?
HARRY DENT "HOUSING IS DEAD" Does anyone ask.....with the greatest efforts by the FED and the lowest rates in history, and all the gov't stimulus......housing is recording its worst statistics in the 50 years of keeping data.... And as Dent describes, there are many places including CHina that have housing bubbles which have not yet burst.....Chinese stock market has NOT made a new high since 2009 SMOKE AND MIRRORS HERE MY FRIENDS
.. D
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HERE IS A LINK
http://www.bloomberg.com/news/2011-03-31/fed-court-ordered-release-looks-through-bernanke-s-eyes-at-emergency-loans.html
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