Nazzy, if RE and subsequent mortgages are so solid, how come the gov.t has to keep soaking up MBS to keep the juice flowing ?
Why are there no buyers for said securities ? Please don't trot out that 'there is no sub prime in Aust' lie, cos there obviously is, that's why the banks are dumping the turds on the gov.t .
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- dead cat bounce... without doubt.
dead cat bounce... without doubt., page-26
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