To the surprise of nobody with more than a couple of economics brain cells to rub together, the bail-out / conservatorship / nationalisation by any other name of the US GSEs Fannie Mae and Freddie Mac offered only a temporary reprieve to the markets. Temporary, in this instance, meaning less than 48 hours.
The initial misplaced euphoria from unthinking investors […]
Posts Tagged ‘uk housing market’
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- More job losses as UK motor industry circles the drain
- VAT up, down, shake it all around
- Anger on the streets (and in the annual shareholder’s meeting)
- Only the women can save us now
- “Arg! We’re all completely screwed!” says Confederation of British Industry
- Unemployment benefits probably won’t cover the mortgage repayments
- “If we cut taxes, do you promise to start spending again? Please?”
- The psychology of confidence
- Interest rates slashed - your savings are now as worthless as your house
- Government abandons its own golden rules on borrowing and debt
- JKA on Economics: Where will it end indeed. UK Car sales, new registrations were down almost 40% in November. The problem is demand and even where there is demand, the
- ooopinionsss: How you think when the economic crisis will end? I wish to make statistics of independent opinions!
- Lance: The goverment has introduced special legislation which means that you will get double the protection allowance if you have savings in two banks that m