29
Jul
29
Jul
Dollar Collapse - Firms Which Underpin Trillions In Home Loans Implode - Bailout Equals Dollar Destruction
Author: admin // Category: UncategorizedArchaicRevivalx2012 asked:
Peter Schiff sees socialization of United States bubble economy will sink the Federal Reserve Note. US mortgage giants Fannie Mae and Freddie Mac are facing growing pressure as fears intensify about a potential calamity at the firms, which underpin trillions of dollars in home loans. Together they own or guarantee some US$5.2 trillion in loans, or about 40 per cent of the total value of home loans in the United States. Peter Schiff at Euro Pacific Capital said the two giants were likely to …
27
Jul