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If you could ask Bernanke a question, what would it be?
Here’s mine:
What makes you believe the current recovery is sustainable? What happens if/when the Fed stops buying toxic MBS, the FHA no longer guarantees 25% of all U.S. mortgages, and...
Posted by an American serviceman in Iraq.
See the discussion at Reddit.com, where I found it, for more info. The submitter used the title “Equipment bought for Iraq, paid for by the US, stretching as far as the eye can see – this is just some of...
Who woulda thought the Hummer loophole would end badly? Another example of what happens when the government meddles in markets.
Lots of other food for thought in this chart by Jake from Econompic.
Looks like Bank of America plans to repay $45b of bailout cash to Treasury. Funds they didn’t want or need, apparently. But which they plan to pay for, in part, with $18b of fresh securities (which may later turn into a common stock offering). And they...
