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Unusual Whales Pod #10: The Housing Crisis, Markets, and Real Estate

Unusual Whales

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The Fed Can't Blow Up, Is It?

I think one of the big bag holders, so to speak, could have been the Fed in the sense that the Fed has been supplying the funding for a lot of the mortgages that are out there right now. But I do think that as all of these sort of liabilities ultimately get sort of rolled up into sovereign debt, it's a place to continue to keep your eye out and people who own long-term, long-duration debt.

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