Amid all the debate over last week’s white paper on reforming US housing finance, nary a thought was spared for the people who have long helped make the American dream of home ownership possible: Chinese savers. It is a fair bet that the first goal of the nearly half trillion dollars of capital they have at risk in mortgage-backed securities is not to help those spending it “build wealth and achieve the American dream” as the report’s preamble says. Rather it is to get a return on and, critically, of their capital.
在上周关于美国住房金融改革白皮书的所有辩论中,没有一方考虑到了长期以来帮助美国家庭实现住房梦的一群人:manbetx3.0 储户。平心而论,manbetx3.0 人冒着风险向抵押贷款支持证券(mortgage-backed securities)投入了近5000亿美元资本,首要目标并非像报告序言所说的那样,是为了帮助那些将其用于“积累财富和实现美国梦”的人。相反,他们是为了获取资本回报和资本返还,尤其是他们自己的资本。