FOMC ends buying MBS? = G. Depression #2

Not just Ancronyms

Is this holding down the DOW from Eleven thousand?

10921 today. If the Federal government isn’t going to buy any mortgage backed securities as threatened… The stock market ought to look like October 29th 1929

How am I going to pay more taxes to cover the insurance premiums for others?

Bond market has been a rollercoaster for a week, yet little is mentioned in the news media about how scary this really looks.

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