Saturday, 27 September 2008

Even Hank Paulson's bail-out-plan cannot detox global banking

Abrose's latest is, as ever, a good read. He thinks that we are due a re-run of the 1930s. However, I think that the concluding part of his article includes some wishful thinking: it's going to be much worse.
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3088685/US-Economy-Even-Hank-Paulsons-bail-out-plan-cannot-detox-global-banking.html

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About Me

I teach Film, Media and English Lit.