Buiter again
This post was written by Kevin O’Rourke
Buiter has a nice piece today comparing Iceland with the UK. It is implicitly a scathing criticism of Irish government policy to date.
This post was written by Kevin O’Rourke
Buiter has a nice piece today comparing Iceland with the UK. It is implicitly a scathing criticism of Irish government policy to date.
January 21st, 2009 at 1:09 pm
How significant is it that the Irish government guarantee of bank liabilities is only for a limited period?
January 21st, 2009 at 8:45 pm
Buiter’s piece worth noting in particular for the pointed manner in which he spells out that nationalization should not mean open-ended guarantees for existing wholesale funders.