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themortgagedude
2 Comments
Financials: How - And When - We Reached the Bottom [view article]
He's wrong. Just dead wrong. The poster who posted about housing reverting back to 2.5 times income is spot on. We're not there yet and until we are problems will not stop. Jul 22 02:55 PMWhat Kind of Government Support Will Fannie and Freddie Get? [view article]
You, Dr DeLong, are a moron. Read all the posts above from people in the world with a clue. AND IT'S NOT A LIQUIDITY PROBLEM - IT'S A SOLVENCY PROBLEM. Mark everything to market and they'd be billions in the whole. Jul 13 02:25 PM