Not if I read this article properly. If Bernanke is still urging such big measures, he must believe it is going to get worse. But read it and decide for yourself: Bernanke: Foreclosure woes require action – May. 5, 2008
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Bernanke is a Professor who studied the Great Depression. I bet he knows more about what is going on than what he is saying. Probably has a whole lot of pressure on his shoulders.
Rosemary
http://her-home-blog.com