Comment

Comment by Localtarian on February 2, 2011 at 1:47pm

Not quite, really. The Chinese would just have bond holdings of the fannie freddie mortgage contracts. The FED and the Wall St. Financial Terrorist aren't going to give up one of their biggest money making ponzi schemes over to the Chinese. That's what the Financial Terrorist have been doing for the past few years to appease the Chinese, is just give em more bonds. What you should actually be more worried about is not the Chinese 'owning' Americans land in a technicality, but rather the Chinese investors dropping those bonds and the debt load that came with them. Then no one will own any houses/land.

Comment by Locutus on February 2, 2011 at 1:10am

Did you hear Max make a prediction??  He said that you could hold him to this prediction too!  He doesn't make very many predictions so this one should not be overlooked!

 

He believes by the end of this year 2011 that Fannie AND Freddie will have been taken over by China and that China will hold all of the mortgages that FANNIE/FREDDIE have on their balance sheets.  Considering Fannie/Freddie hold a large percentage of ALL U.S. mortgages, quite literally China might own the land we stand on!  FORECLOSURE USA!! BETTER LEARN MANDARIN!