The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (241456)	3/18/2010 5:42:55 PM
From: GST	Read Replies (2) of 306849

<what makes you think these same people don't pull the strings of the fed puppet?> We import capital -- but the capital available to import does not exist in the quantities we require -- the Fed cannot change this reality any more than we can suddenly create a zillion more barrels of oil out of thin air. When you can no longer finance your current account deficit, or close the current account deficit, you have run out of options, save one -- print and pray. The fed has no other cards to play -- it does not control anything that can change this basic reality. Despite all of its supposed power, when and where it really counts it is powerless.

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