Wednesday, May 7, 2008

Moslems Avoid Mortgage Mess

Forbes has a video on Islamic lending practices, which explains why their banks have not been caught by the USA mortgage problem. Gary North has an explanation of how the FED is making things worse, and nearly pinpoints the date the FED will be forced to reverse and begin inflating again. In the meantime, we are told the worst is behind us by responsible parties. I think not.


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