Can Anyone Please Explain What is Going on With this Graph and Why it is Bad? Thanks
(media.patriots.win)
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https://www.youtube.com/watch?v=XAAdwhxzhE8
Thank you I will check it out on my beak
>on my beak
CAWCAW! https://www.youtube.com/watch?v=Rbzgu_qaxPM
My friend sent that over this morning and texted “WTF can you believe this”, i assuredly responded with, “Holy Shit” as if I understood the meaning of life.
lol, maybe you can tell me what you understand and what you are having trouble with.
I understand that my friend knows why this is bad. I have no clue what the graph means. I haven’t bought a home yet so maybe that’s why
Ah, I c. Ok, well, the general idea is that when you borrow money for a mortgage, the bank issues the mortgage. But the banks do not want to take the risk, so they repackage the mortgage as a Mortgage Backed Security, which is a complicated way of saying the bank is selling the cashflow generated by the mortgage, you follow? The graph is showing that no one trust the cash flow to continue, so they are selling off their MBS', because they are worried their money is not safe. The only buyer is the Fed. That means the Government owns all the houses in reality, not the people paying the mortgage. I hope that makes sense.
I didn't even know Janet Yellen was our treasurer sec. And she just so happens to be... wait for it... Jewish. I used to scoff away people who would say "muh Jews are destroying us" but these days I'm seriously starting to wonder if there's something to that theory.
Edit: LOL! I'm getting downvoted for merely questioning a theory but because it's considered cringy and crazy I'm not allowed to even question it? And yet we get angry at those who are trying to silence our questioning of an election when people consider that just as crazy? Oh the irony... Oh well, people will think what they wanna think.