Later On

A blog written for those whose interests more or less match mine.

Joe Stiglitz speaks

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Interview with TPM Muckraker. Stiglitz won the Economic Nobel Prize. (Not really a Nobel prize, yada yada.) In this video, he answers two questions: What’s wrong with the idea of buying the ‘toxic assets’ from the banks? And just what happens if we let these banks go bankrupt instead of continuing to prop them up with continuing bailouts?

Written by Leisureguy

11 February 2009 at 11:56 am

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