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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (160195)	10/26/2008 12:05:18 PM
From: Bank Holding Company	Read Replies (2) \| Respond to of 306849

>> Visualize us announcing to China we are defaulting on all that Fannie/Freddie/Treasury paper you hold. << Why wouldn't Hank print up another 5-6 Trillion fresh bills and pay the Chinese??

To: patron_anejo_por_favor who wrote (160195)	10/26/2008 12:15:30 PM
From: Dan3	Respond to of 306849

Re: Visualize us announcing to China we are defaulting on all that Fannie/Freddie/Treasury paper you hold. They might be surprisingly understanding. If they were in our shoes, they'd have already done it. They're still scratching their heads, trying to understand how we let them walk away with such a huge chunk of our markets. We weren't allowed to invest in their economy back when we were in a position to do so - why should they expect any less an unfair and self serving policy from us?