From an article in "Moneyweek":
"..thus allaying fears that a country could in future be virtually bankrupted by having to bail out its banks..."
It is obviously now taken for granted that the option of NOT bailing out failing banks (as happened in Iceland) is unthinkable.
Saturday, 4 January 2014
Paradigm shift
My latest blogpost: Paradigm shiftTweet this!
Posted by
Bayard
at
11:11
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