Fannie and Freddie: When the GSEs Go, So Goes the Dollar [View article]
Although you have a stellar resume, frugal millionaire, you lack experience and perspective. It is not "different" this time, same as earlier in my career in 1980, and 1987, 1990, 1998, and 2000. Are there serious problems? Of course there are, same as in those previous years. But somehow, the country got through them and it will this time. Be careful not to get crushed, when the bubble in oil bursts, and I hope you can continue to make your mortgage payments long enough for your home to go back up in value.
Fannie and Freddie: When the GSEs Go, So Goes the Dollar [View article]