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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (178128)1/19/2009 10:39:10 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>currently the gov't is viewed as the buyer and 'producer' of last resort..<<<

Somewhere today I read that some government - probably British on its second bank bailout attempt - is moving to authorize its CB to start buying equities.

Sorry i can't find it. Its an obvious trend to track.

I don't know what that will do to the markets. It obviously increases (temporary) demand. OTOH, it sends the ultimate panic signal. You know....let the government be the bag holder of last resort.
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