Unpublishable thoughts. A blog about politics, economics and other trivia.
Thursday, December 2, 2010
Vice and virtue
German banks are exposed to Irish banks
to the tune of €139 billion, or 4.2% of German GDP, Simon Johnson tells us.
Just how virtuous is it to lend too much money to fragile economies so they can buy your stuff?
Share to Twitter
Share to Facebook
Share to Pinterest