Mortgages Mortgage News

As I watched the news today ealier and they spoke of the accident in mortgage companies and how?
it could operate in the U.S. economy, noting that the value of U.S. dollar may fall 50% in the coming years coming even sooner … and how some people have already invested over seas and to sell their dollars …. I do not remember who said it. But I like to get opinions on what the people.thanks.
I think many of the American economy from the smoke and mirrors. because we become so dependent on imported goods that we no longer have the industrial capacity as ours. This, combined with the large number of operations Company moving over sea makes the market more volatile. The mortgage company and extend it to make loans at all reminiscent of the savings and loan redemption of years. the Companys loan are invited to lend money to prevent smoke and mirrors will econmy. IE if people spend money, even if it is not theres, the econmy must allowed. but when there is no way to repay or more of the smoke dissipates.
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