'Fed unleashes greatest bubble of all'

Discussion in 'Economics' started by Wallace, Dec 17, 2008.

  1. obscure hypothesis or likely to occur ?

    "Buyers of real estate and subprime securities have recently been
    lampooned for foolishly overpaying at the top of the market.
    Bernanke and Co are gambling memories will prove short and investors
    will prove just as eager to pay top prices for long-term government and
    private debt even though the downside is large." John Kemp, Reuters