European Tribune - Comments - Some lessons from Bailout Week

Some lessons from Bailout Week | 41 comments (41 topical, editorial, 0 hidden)

Re: Some lessons from Bailout Week (4.00 / 4)

The 'unfair competition' claim stems from the argument, that public banks can borrow money without a risk premium, which private banks have to pay. The public banks are not better managed, they get a subsidy.

As now of course private banks get this subsidy as well, one might rethink the idea.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Sun Sep 28th, 2008 at 01:16:02 PM EST
[ Parent ]

Re: Some lessons from Bailout Week (none / 1)

Well, what if they do? If the net result is better for the eonomy, that the total utility is higher, well then let's do without private banks.

"Few can believe that suffering, especially by others, is in vain. - Galbraith"

by Cyrille (cyrillev domain yahoo.fr) on Sun Sep 28th, 2008 at 01:38:29 PM EST
[ Parent ]

Re: Some lessons from Bailout Week (4.00 / 4)

pinko-hippy-tree-hugging-communo-islamo-fascist

by Metatone (metatone [a|t] gmail (dot) com) on Sun Sep 28th, 2008 at 02:27:59 PM EST
[ Parent ]

Re: Some lessons from Bailout Week (none / 1)

Better for whose economy?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Sep 29th, 2008 at 04:43:19 AM EST
[ Parent ]

Some lessons from Bailout Week | 41 comments (41 topical, 0 editorial, 0 hidden)

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