2009-01-19

Wow. Economist blog opines for nationalization of banking industry


You know the world economy is in trouble when you read passages as this one on the Economist blog:

But it seems to me, based on an ongoing blogospheric discussion, that nationalisation is the only good option left.

I mean, it's a blog and all, so no reason to buy down parkas for inferno dwellers yet, but still. Wow.