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Thread: Asia Setting US Economic Policy
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August 5th, 2008, 05:13 PM #1Banned
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Asia Setting US Economic Policy
I had heard this a while back and couldn't ind the link but here's a new article confirming the one I had read before ... in a nutshell Asia owns so much of Freddie Mac and Fannie Mae they bitched enough (some say threatened) to get the Treasury to bail them out:
http://market-ticker.denninger.net/
So you think we are still in control of our own destiny and even more horrific are you and I bailing them out so Asia can get their money back out?
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