MPW Economics Discussion Board

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.

Sunday, 8 February 2009

Let banks fail, says Nobel economist Joseph Stiglitz

4 comments:

Jerome said...: ive read it; 8 February 2009 at 22:51
Kamit Chingis said...: interesting story.i think he is right.it is very hard to save current banks however if we allow them to crush then we will be able to do better banks.; 9 February 2009 at 10:48
Andy Nan said...: I think he talks bullshit, the economy will be in completely disaster if government doesn't take any measures to save the banks from going bankrupt; 9 February 2009 at 11:53
Justintime said...: His saying makes sense indeed,but i don't agree just let banks go bankrupt, the govert can bail-out some banks selectively if it is necessary. Additionaly,it is difficult to operate his idea so i think almost nobody will take his suggestion and that will never come true.; 10 February 2009 at 18:40

Subscribe to: Post Comments (Atom)