RegularJoe@lemmy.world to News@lemmy.world · 1 month agoTrump says he's seriously considering taking Fannie Mae and Freddie Mac publicwww.msn.comexternal-linkmessage-square17fedilinkarrow-up175arrow-down17
arrow-up168arrow-down1external-linkTrump says he's seriously considering taking Fannie Mae and Freddie Mac publicwww.msn.comRegularJoe@lemmy.world to News@lemmy.world · 1 month agomessage-square17fedilink
minus-squareTryingSomethingNew@lemmy.worldlinkfedilinkarrow-up21·1 month agoThey’re major mortgage lenders. This would probably cause Great Recession 2, housing boogaloo
minus-squareChris@lemmy.worldlinkfedilinkarrow-up16·1 month agoMaybe millennials could finally afford a house in the ashes
minus-squareMolecularCactus1324@lemmy.worldlinkfedilinkarrow-up4·1 month agoYou won’t even want one at that point. You’ll want to leave the country.
minus-squarevala@lemmy.worldlinkfedilinkarrow-up1·1 month agoNo the point is for other investment firms to buy them in the crash. You will rent forever. Sorry.
minus-squareobvs@lemmy.worldlinkfedilinkEnglisharrow-up3·1 month agoIt’s kind of adorable to think that the economic fuckery is going to be something on the scale of any kind of recession. No, the economic fuckery that’s already happened is likely to cause another depression.
minus-squareUranus_Hz@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·1 month agoWe are already entering The Greatest Depression, this would just speed things along a bit.
They’re major mortgage lenders. This would probably cause Great Recession 2, housing boogaloo
Maybe millennials could finally afford a house in the ashes
You won’t even want one at that point. You’ll want to leave the country.
I want to leave the country now.
No the point is for other investment firms to buy them in the crash. You will rent forever. Sorry.
It’s kind of adorable to think that the economic fuckery is going to be something on the scale of any kind of recession.
No, the economic fuckery that’s already happened is likely to cause another depression.
We are already entering The Greatest Depression, this would just speed things along a bit.