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Replies to post #793928 on Fannie Mae-No Politics (FNMA)
The Man With No Name
05/16/24 12:26 PM
#793941 RE: Barron4664 #793928
If legacy shareholders make out in the end it will be because we have maintained a Democratic Republic with a crony capitalist economy. If legacy shareholders are wiped out it means our country has turned tyrannical, call it what you want communist, socialist whatever.
The equitable needs of the state will outway the needs of the individual. We can enjoy our new wallet of CBDCs with negative interest rates and social credit scores. We can enjoy our 45% capital gains tax to make sure that equity reigns supreme. So, for me it has always been a political trade.