ECB (European Central Bank) is selling All it Freddie Mac and Fannie Mae Bonds and adviced All EU countries to do the same.Looks like they know something very bad could or will happen.With the real estate boom,if house prices collapsed not too many would be paying their loans off.lnterest rates boomed last night in 10 year bonds.
German banks and Japanese banks in trouble,California the biggest state in US is Flat Broke and America Bankrupt.
Good Luck
Ps Dow 1000 it may take 5 to 6 years.
Cheers
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