Titolo

Seven Myths. Nay: Seven Follies (II)

1 commento (espandi tutti)

Even Paul gets it right, sometimes ...

Frankly: let's nationalize the banks. I am serious: given the circumstances and the choices the two administrations have made, let's nationalize them all and manage them for a year or two. Then we can sell them off, in tranches, to the best buyers. They will come, the buyers. Maybe from China or Dubai, or even Europe, but they will come.

Oh, you're saying the banks are a strategic asset? Like nuclear bombs you mean? I see ...