ACCUMULATING PERIPHERALS


So you oppose Americanizing our banks? by mattsteinglass
February 13, 2009, 11:55 pm
Filed under: Uncategorized

Nouriel Roubini and Matthew Richardson suggest when we implement the Swedish solution, we should say we’re putting banks into “receivership” rather than “nationalizing” them. Matthew Yglesias suggests calling them “awesome capitalist cowboys”. I think saying we’re “Americanizing” them would work better and is even almost vaguely plausible.

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