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Mortgage Madness
Doug Noland
10/21/2011
www.prudentbear.com
“Does the Fed still not appreciate the damage wrought from distorting market pricing mechanisms, incentivizing speculation and cajoling savers into risk assets? Do we really want to continue with this “tiered” marketplace that incentivizes mortgage lending and speculating at the expense of capital investment?”
“We’ve arrive at a troubling late-stage of historic Credit, financial and [...]
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