Any side bets on their survival?

Cheers, Robert

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www.debtamendment.com

What is Freddie and Fannie exactly?

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New graduate with an emphasis in debt counseling.

Robert, of course they will survive.

The Gubment will simply print more money.

That's why it's called "fiat" money.....

Link.

Quote:

Currency that a government has declared to be legal tender, despite the fact that it has no intrinsic value and is not backed by reserves. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith.

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Gary Spicuzza, *SAFE
Copyright 1956
No Rights Reserved
*Self Appointed Financial Expert

I doubt we'll see Freddie and Fannie go bust - but god forbid what happens to the other mortgage companies.

Freddie and Fannie can't go belly up. The entire U.S. mortgage market would collapse if they did. That's why the government can't let them fail. If their stock price goes low enough, a bailout is certain.