, -
Thomas E Wagner CFP
Fed , 700 . , Fed .
TAF . , . Fed lending , .
, (lending ) . FASB 157 140 , . , lending . .
, deflationary . , . ( MBS) : . . Fed Fannie (FNM) Freddie (FRE) .
, 24 . , , .
. , . ( ) , . . , - . , .
'stag , . flation ` . re- .
. , , . protracted .
, , . , . , GNP 8% .
, . , , headlong . stagflation , . ETFs FXI CHN, , .
b , ADRs 2005. , , . , , . , re-enter ETFs .
Thomas e Wagner CFP, Inc
