Monday, September 05, 2016 9:10:11 AM
Yep they will never put these babies in receivership ! It's 10 T assets in the balance sheet!
1. The capital structure of the companies are still in tact or they are gonna have to be liquidated.
2. The ownership of the charters to do business need to be closed out and then abolished and that would butt up right into the 5th amendment.
3. They would have to get the majority of congress to vote to liquidate the 30 year note and then all the liquidity in the trillions globally would well sink to the bottom of the ocean.
How would you keep the money flowing during the collapse everyone would be experiencing owning the current bonds to buy new ones !
30 mortgages gone ! Homes - 20% of valor drop !
Never fear
Never fear
Fnma and fmcc is here to stay !
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