Fed’s Dudley Sees Loss of Trust in Banks as Threat to Stability – Real Time Economics – WSJ

It’s the big, bad banks again! This is an important story from the WSJ.

via Fed’s Dudley Sees Loss of Trust in Banks as Threat to Stability – Real Time Economics – WSJ.

Surely, it’s time to break up the big banks?

Thoughts?

Europe’s Great Illusion – – Paul Krugman – NYTimes.com

dralfoldman:

Looking back, this is worth a read. It’s one of our most popular blogs

Originally posted on Dr Alf's Blog:

English: Paul Krugman at the 2010 Brooklyn Boo...

English: Paul Krugman at the 2010 Brooklyn Book Festival. (Photo credit: Wikipedia)

This article from Paul Krugman, the Nobel winning economist, in the New York Times, is well worth a read. Check it out!

Europe’s Great Illusion – NYTimes.com.

Whilst I support Paul Krugman’s view on austerity alone being the wrong economic medicine, I think that perhaps he is being a bit too extreme in his conclusions. In my view, Europe will fix its economic problems but it will be an iterative process over many, many years.

Do you support Paul Krugman’s view?

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