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Fri 01 Jan 2009The case for and against nationalising the banks
Nationalisation is on the agenda across the globe – is it a step too far or do governments have no choice, asks Proinsias O’Mahony
“SHOOT THE bankers, nationalise the banks”, reads one headline. “Time to quit mucking around and make with the nationalisations”, reads another. No, not headlines from some obscure hard-left publication – the respective pieces were penned in the Financial Times and the Economist, no less.
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