Collapse scenario: Housing bubble: Fannie Mae in trouble
2005-09-29 Richard Moore The smart money is leaving the housing market, the insiders having had their fill while the bubble grew. This is known as a ‘looting event’, like the Savings & Loan and Enron events that preceded it – and the post-Katrina corporate ‘reconstruction’ feeding frenzy currently underway. The big investors, banks, and corporations … Read more