dancingdiva

Freddie/Fannie Plans In Motion; Why Are They Being Underplayed?

Excellent article. Unfortunately it poses more questions than it answers. That's not a criticism, Mr. Kedrosky. It's far too soon to tell what all the ramifications of a bail out will mean to the US economy. While the knee jerk reaction was an after market stock rally, I can't buy into it.

Opening this Pandora's box will have serious implications for years to come. Rather than comforting me, it heightens my concerns regarding the future of the US economy.