The Government is propping up the economy

[Dirty Socialist]

According to Fox Business Channel, the government now owns 35% of all mortgages. Also, the government has invested 8 Trillion dollars in stocks, bonds, and securities some say don’t exist! This has been going on since 2017. The Trump economy is a house of cards?

[sarcasmo]

1. A third of stocks are owned by foreign investors. The government owns 35 percent of all mortgages.

Three Card Monte

[Iliyah]

2. The house of cards is falling . . .

The Stock Market will crumble.

[PoindexterOglethorpe]

3. Owning 35% of all mortgages doesn't seem to me to be propping up the economy.

Wouldn't that number simply be the ones backed by Fannie Mae or whatever other government based lenders there are?

And who says the government is invested in stocks, bonds, and securities that don't exist? How reliable is that source? What is the proof?

[jalan48]

4. Too big to fail. Taxpayers must pay the corporate extortion or else.

[CrispyQ]

5. They hope they can keep it propped up through Nov & fool the rubes who think the DOW is the economy.

I'm not rich enough to judge the economy by anything other than how much less I get at the grocery store each visit with the same amount of money. I think most of the Con's supporters are in the same boat, "...but the DOW," so he's doing a great job on the economy.