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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (262782)7/21/2010 9:02:11 PM
From: ggershRead Replies (2) of 306849
 
"The Fed should say "we're finished, mission accomplished" and start raising ST rates, even before they unwind their mammoth positions. At least that would get banks off the schneid and given them incentive to start lending. Otherwise they'll play the "borrow for free, lend to Uncle Sugar at 3%" game until the cows come home."

Banks won't lend for a long time as they have no capital
for the $600tril monster fire sale.
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