The Federal Take Over of Fannie Mae and Freddie Mac scares me, but I'm not sure why, and I don't know enough about economics and such to know if it should. Anyone know more that can tell me if I should be worried?
To put things into perspective though, the Asian markets ate it up, up 4% a/o 1:30est. I wouldn't be surprised if US advanced markets don't do the same.
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Date: 2008-09-08 04:38 am (UTC)no subject
Date: 2008-09-08 05:17 am (UTC)no subject
Date: 2008-09-08 05:34 am (UTC)US advanced markets seem to like it a helluva lot. We shall see...
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Date: 2008-09-08 01:25 pm (UTC)I don't even know what to say to that.
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Date: 2008-09-08 10:35 pm (UTC)no subject
Date: 2008-09-08 11:43 pm (UTC)