The idea that nationalization is the most effective way to contain the financial crisis is gaining ground in the US. An editorial in the New York Times today argues that "it looks as if the best way to get from here to there [a sound privately owned banking system] is for some of the banks to spend some time in the government’s hands."
As the financial crisis drags on, the unthinkable is becoming "thinkable".
http://www.nytimes.com/2009/02/22/opinion/22sun1.html?th&emc=th
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