Globe 100 | The Big Think
Rogoff: Stop the financial bleeding
Solution will include accelerated bankruptcy for some financial institutions
When you have a recession associated with a financial crisis, you don't get better unless you fix the financial system. The medical analogy is giving transfusions to a patient who's hemorrhaging. If you don't fix the hemorrhage, you can put in all the blood you want. (Full article: 311 words)
This article is available in our archives:
Globe Subscribers
Non-Subscribers
Purchase an electronic copy of the full article. Learn More
- $9.95 1 month archives pass
- $24.95 3 months archives pass
- $74.95 1 year archives pass
