Bill Gross: Buy Early What the Government Buys Later [View article]
Ponzi being absorbed by Fed using guarantees from us. Hope these are disgourged back into the private market quickly, hopefully right after all the mortgages are refinanced and by early 2010. A lot will be swapping of bad loans for low interest good loans, there is some hopehere.
I am nauseated by everyone having anything to do with the financial industry.
-
Ponzi being absorbed by Fed using guarantees from us. Hope these are disgourged back into the private market quickly, hopefully right after all the mortgages are refinanced and by early 2010. A lot will be swapping of bad loans for low interest good loans, there is some hopehere.
Jan 08 11:52 am
|Rating:
+2
-2
All Comments by Top Gun »Bill Gross: Buy Early What the Government Buys Later [View article]
I am nauseated by everyone having anything to do with the financial industry.