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: bentway who wrote (259923)	7/10/2010 9:59:46 PM
From: ChanceIs	Read Replies (1) of 306849

To-date, our policy makers have placed bondholders ahead of ordinary citizens, largely out of fear of disastrous consequences predicted by precisely those who stood to benefit most from government largesse. We have directed massive and ultimately real (not simply "paper") resources of the public to ensure that holders of bank debt, financial debt, and GSE debt get back 100 cents on the dollar plus interest. Hussman's weekly Market Comment: July 6, 2010 Implications of a Likely Economic Downturn hussmanfunds.com

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