It’s DONE: US treasury refinances Fannie & Freddit ($$$$$) 2008.Sep.07. Posted in Money
US treasury will take an equity stake in Freddie and Fannie, the two mortgages giant, increasing US debt by roughly ONE TRILLION and backing up the same people who created this whole mess! Expect US debt to be downgraded, massive mortgage rates spikes, weakening US dollar and much worse.
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