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IPFS News Link • Federal Reserve

Fannie Mae Rescue Hindered as Asians Seek 'Explicit U.S. Guarantee'

• Bloomberg.com
“Overseas investors are looking for the full-faith-and- credit clarification,” Goodman said. Such a pledge would essentially about double the U.S.’s debt, potentially boosting the country’s own borrowing costs.

http://www.thelibertyadvisor.com/declare