Oh, the Irony: Fannie Mae's Delinquent Loan Losses, Government Housing Solutions [View article]
Umm correct me if I'm wrong but many of those mortgages are held by foreigners. If the US government imposes a massive bond default on foreign lenders won't it destroy the willingness of foreigners to finance our current account deficit? Won't this cause an even bigger credit crisis?
25 Ways to Tell a Banking System Is Unsound [View article]
www.local6.com/news/16...
Please, China, Sell Your Treasury Notes! [View article]
Oh, the Irony: Fannie Mae's Delinquent Loan Losses, Government Housing Solutions [View article]