To: goldstategop
The Fed is bailing them out as we speak by injecting prodigious amounts of credit into the system ala 2001.
The stock market has benefitted from this cash as well but the dollar is showing the strains of too much global liquidity.
The question is how far the Fed will allow the dollar to drop before a downward spiral takes it out of their hands.
BUMP
15 posted on
12/11/2006 2:29:39 AM PST by
capitalist229
(Get Democrats out of our pockets and Republicans out of our bedrooms.)
To: capitalist229
Exactly. There was never a "real estate bubble". There was a "lending bubble" and a huge number of sharks showed up to feed.
18 posted on
12/11/2006 2:36:43 AM PST by
djf
(They have their place. We have our place. WAKE UP!! They want to turn our place into their place!!!)
To: capitalist229
The Fed is bailing them out as we speak by injecting prodigious amounts of credit into the system ala 2001. You do know that the overnight rate the Fed is targeting is higher than the yield on the 30 year bond, don't you?
32 posted on
12/11/2006 4:43:54 AM PST by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson