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Re: ~ Blue ~ post# 20630

Friday, 04/05/2013 8:07:26 PM

Friday, April 05, 2013 8:07:26 PM

Post# of 802496
How will FNMA respond to another upcoming bubble which could be bigger and badder than before? This could wipe them out more then previously. The Social Security Disability trust fund is estimated to run out of cash by 2016. If the people who rely on that income receive drastic cuts or get cut off completely that will result in another huge wave of foreclosures hitting the market. The student loans bubble could follow. All of this is connected and the outcome could be more severe then the 2008-2009 crisis. The phony jobless numbers and other misleading information is setting the market up for another downturn at some point in my opinion.