Home > 2. politics > The Bank Bailout, by Krugman

The Bank Bailout, by Krugman

January 19th, 2009

Having trouble understanding how these trillion dollar bank bailouts work? Krugman does a great job in describing the problem is simple yet precise terms in his column today. The conclusion: buying the toxic assets–the policy proposal being pushed right now–almost certainly won’t solve the problem.

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