predecessor was to simply reinflate the real estate bubble to unsustainable levels so is it fair to say that radek point now where the bubble has been reinflated and now this new real estate bubble is bursting wolf even the fed is worried about that and the fed has actually pinpointed reads as one of the major reasons for the purchases because the. getting out of hand these streets are very large. they have grown at enormous rates and even though they're not as large as citibank or bank of america they can still do severe damage to the financial system if they if they blow up and so yes the real estate bubble that has recently been caused is something that the fed is looking at and they're worried about the streets they were very specifically about the streets all right so wealthy have a situation here where artificially cheap rates engineered by the fed as a way to balance bankers' a real estate developer of the fire economy which is the finance insurance and real estate economy it's just a question of whack a mole so yeah the sub prime market blew up yeah millions of americans lost their homes a