Jubak’s Journal: Doubling the national debt
description: The $5.4 trillion in liabilities from the Freddie Mac and Fannie Mae takeover means the national debt will double. The Bush White House is playing games with the federal budget but the numbers should get added to the books, says Jim Jubak.
Tags
09/11/08
09/11/08
debt
debt
Doubling the national debt
Doubling the national debt
fannie mae
fannie mae
financial services
financial services
freddie mac
freddie mac
investing
investing
Jim Jubak
Jim Jubak
Jubak’s Journal
Jubak’s Journal
jubak's
jubak's
mortgage
mortgage
msn money
msn money
simple strategies
simple strategies
Comments
FRB may and may not cut interest ratio by undertaking financial marketplace around FNM & FRE beside crowding in, in which $s development may be slower in Q3 and Q4 because of tuning inflation policy in the globe, and generic US marketplace price down in a trend of recession. -
ymasuda_2008
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