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Re: cura asada post# 507563

Monday, 02/05/2018 3:17:28 PM

Monday, February 05, 2018 3:17:28 PM

Post# of 728677
I am afraid, IMO...the American bi century is over.... with the collapse of the Market as many economists have been predicting, the Tax cuts just ratified, which will cut the revenue to fund the government, the next banking crisis will not see a bailout like TARP with repubs. in office...major corporate BK like GM, chyrsler, AIG will not done by this administration.. remember in the last banking crisis, the repubs did not want to bail out banks, but nationalize them... only Obama said no to nationalize and bailed out the car manufacturers... this time around the Fedeal Reserve balance sheet is bare from 9 years of zero interest, and now they want to bring their money back onto the books with higher interest rates... one thing to note.. the increase in home sales are done with private financing with lenders not associated with Fannie and Freddie... so if the housing market goes down, these lenders can't go to the FED for relief...so, the Government will see decrease revenues, the Fed is tapped out, interest rates are on the rise, the Bond yields are rising...the stock market is falling as I write... I saw this movie in 2008, and it was not pretty....BE Careful with your money at this time... Lodas
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