Thursday, 11 August 2011

Is There Enough Money Left to Save Banks?

Jonathan Weil, Bloomberg
Forget free-market fundamentals. What matters most to the capital markets now is whether the governments of the U.S. and western Europe have the will and the wherewithal to save the global financial system from disaster yet again.A healthy climate for the efficient allocation of capital, this is not.

Source: http://www.realclearpolitics.com/2011/08/11/is_there_enough_money_left_to_save_banks_261351.html

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