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Understanding the Mess We’re In

Started by washingtonindependent · 8 months ago

The Federal Reserve is considering some aggressive steps to unlock lending, including buying large amounts of unsecured short-term debt, The New York Times says today. That’s the money that companies regularly use to run their everyday operations.
When it seizes up, so does the r ... Continue reading »

2 comments

  • Jason

    8 months ago

    Do you have a Private mortgage insurance (PMI) policy? If you do your PMI insurer has passed along their risk by buying a credit default swaps (CDS) to protect them in the event you have your home that your home is taken away from you. CDS and PMI are the same thing. Make people wanting to buy a home put at least 20% down if you don't like them. nomedals.blogspot.com
    reply
  • Iago

    8 months ago

    Small businesses are the ones that are going to hurting the most from this debacle. If they cannot maintain a line of credit for all their monthly-to-daily requiremnts to run an effective, profit-pulling company, there will be a lot of doom and gloom talk around the water-coolers and over the backyard fences, as if there isn't already.
    ----------------------------

    Funding Available, No Banks, No Loans,
    No Bailouts, No Bull
    reply

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