Disturbing thoughts....

The U.S. government's takeover of mortgage market makers Fannie Mae (FNM, news, msgs) and Freddie Mac (FRE, news, msgs) will lead to a rapid recovery in the real-estate market, a rebound in economic growth and a surge in lending by a newly confident banking sector.

Yep, the takeover and restructuring of the two U.S. mortgage giants is a great thing -- for China and for many other developing economies of the world.

http://articles.moneycentral.msn.com...ot-the-us.aspx