/biz/ - Business & Finance

>>54296481
Oh so in a nutshell, without listening at all
>Subprime mortgages become mortgage backed securities MBS
Subprime means your own mother wouldn't loan you an apple
>MBS get higher rating cuz jews
>MBS blocks sold, resold, etc
So the MBS banking issue is just the subprime mortgages issue repackaged and relabeled, same problems as before
>Bonds
Not sure which ones but MBS is basically a pass thru bond I assume he covers this issue, if not it's cuz jews
>Treasuries
The 2/10 yield inversion means that if you are holding for the return on a ten year you will no longer break even due to inflation and the newer higher yield are more attractive but you can't get in without taking a haircut
The fed is buying back those shit assets for more than they are worth to shore up these failed banks and balance those books for them to be able to operate while the fed is taking them onto their balance sheet
I'll give it a listen if I get the chance monkefren