Tuesday, 20 January 2009
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Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.
5 comments:
Another giant is going to fall down.The UK is on its tway to nationalization, to rescue and protect.
I can see the sign of nationalisation and i think government should watch on the whole bank system and find the solution as soon as possible.
This failure will for sure lead to more confidence loss and even fears. Just as Evan Davis said on that program, maybe the formulaes built by those QUANTS are just too complicated than enough.
Another bank was nationalised by the government.It is surprising because last year this bank was one of the reliable banks in the UK. Their losses were up to £45billion! unbelievable...
Well... this is getting worse
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