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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (33457)12/14/2010 7:11:35 PM
From: ggersh  Read Replies (1) of 71454
 
Gregor states the will create a different
mortgage based interest rate entity

"I think the FED will try to create an almost separate interest-rate market for housing by 2011. This operation too will fail. The other possibility is that they let housing deflate more but we know what that will do to bank balance sheets. Which is what the FED cares about most, of course."

Mortgage market ain't coming back, especially
w/out job creation, no not the WAL type....-ng-
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