SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (388)7/16/2007 3:55:33 PM
From: stan_hughes  Read Replies (2) | Respond to of 71445
 
Fannie has about $20 billion in capital right now --

signonsandiego.com

That might sound like a lot until you estimate what the losses will be once the guarantees start getting called -- oh wait, my bad, those losses will just get covered by new dollars arriving from the US Treasury on gossamer wings like they always do. Resolution Trust: The Sequel, coming soon to a town near you

As for the effect on the Clownbuck, what's another trillion or two when you already have $9 trillion on your bar tab, right? brillig.com

You would have thought that there would have been a more grandiose purpose for looting the US Treasury than just using it to depose an Iraqi thug and to help create a six-lifetime supply of empty condos down by the seaside