Uncle Al Speaks
Today's comments from ex Fed head Alan Greenspun:
As of yet, no economic spillover from the housing slump. Home price decreases are more of an issue than mortgage quality.
Subprime problems could spillover into the main economy. A 10% Rise in home prices would end subprime problems.
Alright then Uncle Al... lets see a 10% rise, gotta lower rates, debauch and print...
As of yet, no economic spillover from the housing slump. Home price decreases are more of an issue than mortgage quality.
Subprime problems could spillover into the main economy. A 10% Rise in home prices would end subprime problems.
Alright then Uncle Al... lets see a 10% rise, gotta lower rates, debauch and print...
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