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Old 02-24-2009, 04:51 PM
tankdriver tankdriver is offline
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Join Date: Jul 2007
Location: Columbus OH
Posts: 275
Quote:
Originally Posted by kerry View Post
Krugman's column yesterday had an argument for nationalization. Very interesting. He argues that the FDIC nationalizes small banks routinely for a period for time and then re-privatizes them.
What?! That's impossible. Once they nationalize them, it's impossible for them to be re-privatized.
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