European Central Banks

A Little Matter Of Commercial Real Estate

We've been waiting for the second of many shoes to drop which will include the next round of residential mortgage resets AND the bottom falling out of the commercial real estate market. It appears some guys way more fluent in the aspects of the monetary problem (because they created it) are a bit edgy themselves. At what point can we abolish The Fed and get the entire concept of central banks (and the government credit card) out of our wallets? (Did you know that the FBI considers Americans that call themselves 'sovereigns' to be terrorists? I'll save that for another…
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