about the crisis
12/03/09
I'm not an opposant of the nationalization of banks, not at all. It's a tool, it could be a way to save us from this crisis, also if I don't understand why save some banks and not other, why don't nationalize all the banks, not only the most risky.
Anyway, more relevant are two other aims. First, what we do with this bank? The State can buy a bank, and so? Just put public money to save the bank from the bailout? Or something more? Second, how and when this bank will be re-privatized?
These two question seem to me much more relevant and problematic. It is very hard to discuss it with the public opinion, which understands very well the concept of 'ownership', more problematic is what to do.
Enjoy the challenge...
1 commenti:
nationalizing banks can't be a simple cash injection in order to pay their debts. in that way, citizens would be obliged to pay the banks' inefficiency in administer their money, and that would be a very iniquitous manner to face up the crisis.
banks helped with state funds should pursue the aim to locate their profits in medium-term investment projects - like infrastructure ones - that permit to close the cash-benefit circle with the citizens.
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