Saturday, March 22, 2008
THE ULTIMATE BAILOUT COMING? The baby boomers on the verge of crushing future generations for decades.
Central banks on both sides of the Atlantic are actively engaged in discussions about the feasibility of mass purchases of mortgage-backed securities as a possible solution to the credit crisis. Such a move would involve the use of public funds to shore up the market in a key financial instrument and restore confidence by ending the current vicious circle of forced sales, falling prices and weakening balance sheets.