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To: dr_who

Hopefully Russia and China aren’t working together to weaken the US for mutual fun and profit, er I mean gain.


16 posted on 08/18/2008 7:22:22 PM PDT by the anti-liberal
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To: the anti-liberal

I dunno, what does $800 B and $500 B have to do in common? Both are investments made by China and Russia into the U.S. homemarket through Fannie Mae and Freddie Mac. That is a whole heck of a lot of (now Treasury backed meaning the U.S. taxpayer) mortgage securities. An astute investor could perhaps discuss how this could be a problem for our monetary system.


71 posted on 08/19/2008 12:53:43 AM PDT by iThinkBig
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