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

To: ChanceIs who wrote (209277)	7/5/2009 9:57:50 PM
From: Bank Holding Company	Respond to of 306849

According to CD: > Someone has to eat these losses - someone with actual equity interest. Trying to force anyone to eat them who has to borrow the money is not only futile, its stupid - that doesn't cause recognition of the loss at all, it only refinances it, putting it on someone else's back. The bad debt is still there. << But is it? If the fed/treasury prints whatever money it takes. The off balance sheet [now you see it now you don't] assets and funnymoney never really existed. Similarly, the fed can print until the end of time to cover the losses on 216 Trillion of derivatives held by financial institutions et al. lather rinse repeat.