News Sources wrote an interesting post today on
Here’s a quick excerpt
A propósito de previsões sobre a actual crise, pode-se ler Ron Paul, em 2003: Fannie and Freddie Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges granted to Fannie and Freddie have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most pro

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