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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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To: iThinkBig
"An astute investor could perhaps discuss how this could be a problem for our monetary system."

That excludes me... :^)

144 posted on 08/19/2008 9:25:45 AM PDT by the anti-liberal
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