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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Think4Yourself who wrote (109043)3/11/2008 12:09:46 PM
From: MulhollandDriveRead Replies (1) of 306849
 
ah....so we go all japan, then....

I do agree with your analysis in general but will the fed forgive or just renegotiate in the event of default? The banks have a unique monopoly that almost guarantees profitability. The fed can just reduce and spread out the interest payments over time until paid off.

<edit> per cnbc, the fed is saying the 200B is just a starting point, could go higher
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