The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: bentway	6/26/2011 6:49:26 PM
	Read Replies (3) of 119360

Interesting guy on GPS - a bond guru. Says under QE2, the FED has been buying 70% of US Treasuries up for market. It ends at the end of June. Couple that with the (R)'s blocking raising the debt ceiling and you've got a short-term potential catastrophe. He said that his main worry were legal steps that would be triggered by The US missing a debt payment. Automatic things that just go into motion, and could end up in an avalanche of idiotic clusterfucking..

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