What can be done? Governments must lend to the key banks and other key selected financial institutions unlimited amounts at 0%. Any margin they make - say 10% even - will be used to rebuild their balance sheets. From a strong core of banks known to be fully funded and secure, making vast short term gains, and profits from being granted the power ...
Posted on The Tap Blog
Monday 13 October 2008
The Way To End The Financial Crisis
