Nazzy, if RE and subsequent mortgages are so solid, how come the...

  1. sidthefish
    3,072 Posts.
    clock Created with Sketch.
    04/10/12
    11:38
    Post #: 10811299
    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 .
    Likes Created with Sketch. 3  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

DMP Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe
right-arrow Created with Sketch.
AGY Argosy signs deal to sell battery-grade Rincon lithium to Korea
right-arrow Created with Sketch.
ASL Andean discovers up to 4,649 AgEq through maiden drilling in Chile
right-arrow Created with Sketch.
1CG OneClick surpasses 150,000 registered users
right-arrow Created with Sketch.
EVN Evolution shares up 3% on quarterly results for June showing rise in gold production
right-arrow Created with Sketch.
NEWS Talking Australia's very competitive property landscape: Realty Talks
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.