As far as rescue plans go, saving so many US financial organisations from huge losses and criplping debt will not acheive the desired result, writes Associate Professor of Economics, Steve Keen.
Freddie mac
Fannie and Freddie set to damage US government finances
The debt implications for the US government in saving mortgage lenders Fannie Mae and Freddie Mac are profound, writes Glenn Dyer.
Saving Fannie and Freddy won’t solve US economic woes
Saving US mortgage giants Fannie Mae and Freddie Mac led to a brief rally on global markets, but that’s likely to be the extent of it, writes Glenn Dyer.
Fannie and Freddie not the only global financial basketcases
The rescues of Fannie Mae and Freedie Mac highlight again how the US Treasury iis single-handedly keeping the global economy afloat, writes Glenn Dyer.
How can the USA possibly keep its AAA credit rating?
This is America’s darkest hour in decades and the global contagion is profound, writes Stephen Mayne.
How Fannie and Freddie changed Republicans into Democrats
So deep is trouble brought to the US economy, proud Republicans have begun acting like democrats in order to deal with it, writes Glenn Dyer.
