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Post Info TOPIC: Freddie Mac posts huge loss
What do you think the future holds for our economy? [7 vote(s)]

We've hit rock bottom and will start to recover.
0.0%
I see things continuing to be rocky for a while, but it's not going to get much worse.
0.0%
Things will get worse before they get better, but our economy is essentially sound.
28.6%
I'm pretty worried. So many problems at once; we might be facing another Great Depression.
14.3%
I think we're looking at total financial meltdown of our economy.
57.1%
I think that the economy is good right now. What are all these whiners complaining about?
0.0%


Head Chef

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Posts: 4439
Date:
Freddie Mac posts huge loss


Freddie Mac has announced their 4th straight quarterly loss. The actual results are about 4 times worse than what analysts were expecting (that last bit I heard on the radio, not in the article).
They're touted as vital to our economy,  yet they seem like they're in death throes. What do you think the future holds?

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If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!
- Samuel Adams


Profuse Pontificator

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Posts: 876
Date:

I voted for : I think we're looking at total financial meltdown of our economy.  My reasons defy simple explanation, but I am convinced that it has been deliberately planned with the goal of subduing Americans economically to where they will willingly accept further loss of self government.

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Keeper of the Holy Grail

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Posts: 5519
Date:

I agree with lundie and I also cannot explain all my extremely deep thoughts on this forum.

Joking about the deep thoughts. imslow.gif

But I still agree. thumbsup.gif

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Life is tough but it's tougher if you're stupid.  -John Wayne



Head Chef

Status: Offline
Posts: 4439
Date:

Oooh, I could come up with all sorts of conspiracy theories about someone who works at a bank predicting severe financial stability.
But in all reality, Coco probably has no special inside information, and is basing her thoughts on the same info available to us all.

__________________
If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!
- Samuel Adams


Keeper of the Holy Grail

Status: Offline
Posts: 5519
Date:

:E

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Life is tough but it's tougher if you're stupid.  -John Wayne

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