Who Pays for the Bailout
Apr 4th, 2008 | By Adrian Ash | Category: Macro Economics
IF YOU’RE GAME FOR A LAUGH, I’d like you — in reading the following quotes — to imagine the words “tax-payers’ cash” wherever you see the words “government” or “central bank.”
Better still, imagine they spell out the words “your savings” instead. Here’s goes...
“We need concerted action by governments, central banks ...read more
