Saturday, October 15, 2022 9:38:59 AM
https://time.com/6221771/stagflation-crisis-debt-nouriel-roubini/
This will not bode well for us and is likely to extend further this messed up CONservatorship boondoggle. Government morons will not want to release either GSE into this messed up economy, especially now that it is becoming a global nightmare. On a positive note, since housing will be suffering from now and until we are back to a normal economic situation, the government will not be able to leech as much money out of us as they have in the past, so maybe that will be their incentive to finally release us? When we become more work for them opposed to a free money piggy bank, then they may finally do what is needed.
I still have hope in midterms....if we get the veto proof majorities, there's much more of an optimistic future for us. Granted we will not be a top of the list priority, but we will garner a higher importance than with previous administrations. The key will be how quickly a veto proof majority can clean up what has been going on in dysfunction DC quickly, so that the issues affecting the economy and country can be addressed in a timely manner. If they do things right, 2024 will be a shoe in for the veto proof majorities candidate, then, I would be much more confident of release not long after the 2024 election, if it has not already been prioritized by then.
Good luck fellow investors. We need it.
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