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Q.

As US govt plans to buy bad mortgages ultimately it will hit the economy as billions of dollar will be spent in this effort and will only add to further recession in months to come?

Asked by Somnath PaulChoudhury, 20 Sep '08 09:58 pm
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Answers (2)

1.

Dont worry ,,accumulate good stocks on falls.
Answered by anil malhotra, 20 Sep '08 11:09 pm

 
  
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2.

UR are right friend ,feds move will increase liquidity in system but some analyst say it is not a permanant slution as mr Vincent Reinhart, former director of the Fed's division of Monetary Affairs who is now at the American Enterprise Institute, said that despite any consumer benefits from the interest rate cut, he still puts the odds as high as 2 in 3 that the USA is in a recession or about to enter one in the next few months.
Answered by masoom raza, 20 Sep '08 10:09 pm

 
  
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