Loading ...you know record amounts of debt, endless spending, propping the stock market hugely, unseen levels of derivatives with endless amounts of leverage, banks too big to fail, record heights in a phony stock market. Oh but eeos the housing market is doing great. of course it is when 90% of regular sized mortgages are backed by Fannie and Freddie, this is perfectly normal. why did the banks get bailout money again? sure as hell wasn’t for lending it to the public at a good rate. It’s surely all the gold bugs selling because they’ve had such a profitable year. keep stacking folks.
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