either assumption will render any positive results. I understand that
this is a fight against deflation and devaluation, but what choice is
there when we all over-did it?
There's too much inventory. Inflation is way out of check. And, no one
will accept an interest rate beyond the normal. The Titans of the
economy mysteriously have answers to fix the problem they helped to
cause in this nation. The answer is there, but no one wants to
consider that option.
The New York Times:
U.S. Loan Effort Is Seen as Adding to Housing Woes
Some economists contend that the Obama administration's $75 billion
program to prevent foreclosures has done more harm than good.
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