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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: neolib who wrote (149179)9/22/2008 9:22:57 PM
From: MoominoidRead Replies (3) of 306849
 
Now I think I understand the "bailout" better, it's not such a bad idea. The idea is to get the market for these assets going again by conducting reverse bid auctions. If buyers know that they could sell to the Treasury vehicle at some price maybe the government won't even need to deploy all the capital.

businessspectator.com.au

There are other things that could be done like Krugman's proposal not clear to me now which is better.

Australian market is holding up pretty well this morning. Japan seems to be closed?
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