Sunday, 14 June 2009

Banking Crisis or Government Opportunism ?

Another excellent article in City Journal, this time from Tim Congdon regarding the British banking sector and the Government's ham-fisted intervention .

I was struck by the following line
"One could argue that, rather than nationalizing assets, the British state has been expropriating them."

Don't see much comment of that sort from Robert Peston !

1 comment:

Blogger said...

eToro is the most recommended forex broker for new and full-time traders.