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REPORT ABUSIVE REPLY
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Message Subject
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Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
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Poster Handle
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Uncle Fuck Stick |
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Post Content
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Bump...hope some of the finance people give an opinion. This is a.mess. the fed owns fannie Freddie and ginnie...I understand the need to have mortgage backed securities that are stable....but you can't do business with peeps who don't have money. This sounds like the beginning of the end for the housing market...again....
Quoting: imjustsayin Yup...the only thing keeping this ponzi scheme going is "positive speculation" And that is starting to unravel
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