Soleron on 08 March 2009
Kasz216 said:
I disagree that nationalizing banks isn't big. It makes private debts the debt of the people. Which makes the country look bad which hurts investing, which can lead to investors pulling out and further currency drops... I mean that's one of the things that killed Iceland. |
Oh, yes, everything they've done is a complete disaster, but since I have no power to stop it beyond a certain point I just stopped getting angry.
What's another hundred billion or so wasted when every country is doing it?
