Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.
MishTalk
JUNE 28, 2013
Case Against The Fed. An alleged "worst case scenario" shows the FHA could lose as much as $115 Billion. Since these worst case scenarios are always famously optimistic, the best course of action would be to shut the agency down. or financial instrument, or to participate in any particular trading or investment strategy.
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