The Economist–Wall Street and the City of London now need to be weaned off state support
The scale of that help is huge. Loans from central banks and debt guarantees alone amount to $2.7 trillion. As with any private industry in receipt of almost unlimited cheap public funds, finance now has every incentive to be as … Continue reading The Economist–Wall Street and the City of London now need to be weaned off state support
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The Economist–Wall Street and the City of London now need to be weaned off state support
The scale of that help is huge. Loans from central banks and debt guarantees alone amount to $2.7 trillion. As with any private industry in receipt of almost unlimited cheap public funds, finance now has every incentive to be as … Continue reading The Economist–Wall Street and the City of London now need to be weaned off state support