An unstable recovery built on debt
recovery built on debt with NO JOBS = NO RECOVERY AT ALL!!!
posted on 07/25/2013 10:48:17 AM PDT
by The Sons of Liberty
(A Quiet Rage is Building All Across America!)
To: The Sons of Liberty
A Potemkin village of a recovery. Built on debt, fueled by ZIRP, run on the backs of savers. Now they are running out of collateral.
Pretty soon we will reach the point where the Federal Reserve buys billions of questionable mortgage backed securities every month and also buys a lot of Treasury notes. Wait a minute....
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