Buffett on Fox talking Fannie/Freddie Pt 2
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There is just one word to sum it all up:
State property under a communist regime!
olemunati 3 years ago
i'm not that great in enomics, but let me see if i got this. The US-government is buying those mortgages therefore owning those houses. And if people can't pay the interest on there mortgages, their own government kicks them out of their houses? genius concept
ismokealot01 3 years ago