Bernanke Terrified Over Commercial Real Estate, Seeks Still More Power Over Consumers
• MishWhen a member of the Fed admits a problem, especially chairman Bernanke, you can rest assured the problem is far worse than what they admit. Such is case today as Bernanke Says Commercial Property May Pose Risk for Economy. ... Mish
I don't doubt that the problem is far worse than what Bernanke is letting on, but there is no way he is terrified of this fiasco. This is all engineered by design. It is going according to The Fed's plan.