then dollar may crash. One way or the other.

回答: Why FED must bail out Countrywide? Avoid RECESSIONmiat422007-08-17 12:32:04

goog luck to all. there is price to pay if a recession can be indeed saved. Last time, Fed cuts rates 11 times in a row to "save" stock market crash, resulting in historical RE bubble. Now, Fed does something crazy again to save RE, what would be the next one :)

^A ==> B then ^B ==> A, repeat forever.

所有跟帖: 

FED not to save RE, but to save economy -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (414 bytes) () 08/17/2007 postreply 12:49:01

Yeh u'r right. Let countrywide die. -ProgrammerA- 给 ProgrammerA 发送悄悄话 (0 bytes) () 08/18/2007 postreply 22:48:25

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