One of the crazier stories coming out of Greece this weekend is that the country is going to impose depositor haircuts at the banks as a method of recapitalising them. This is crazy on two levels, the first being that it won't work. The second being that it first appeared [...]
Comment on Now They're Getting Crazy: A Bank Depositor Bail In Would Solve Nothing
Tim Worstall, Contributor, Forbes
Sat, 07/04/2015 - 6:39am
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