Is Propping Up Troubled World Banks, Prolonging the Recession, and Holding Up a World Recovery? ... Answer: Absolutely! Just Ask Japan!

"At a meeting in Downing Street, executives from 13 major African, Asian, European and US banks discussed regulatory reform and the need to avoid protectionism. The meeting came amid warnings that until confidence was restored in the world's banks, the economic crisis would deepen and be prolonged."
 

Posted by J.M. Hamilton Blog at 6/28/2010 7:11 PM
Categories: Economics

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