Have you been hearing the word "zombie" a lot lately? Me too. The imagery employed to explicate the banking crisis has taken a turn for the horrific. Zombie banks have been discussed far and wide. Although ex-IMF chief economist Simon Johnson uses temperate langauge on his blog, his suggestions have been characterized as "breaking the back" of or "decapitating" the banking elite.
Friday links: panicking methodically
6 hours ago
No comments:
Post a Comment