Comments on: Economists claim the Bail-outs worked! https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/ Author of THE DEBT GENERATION Thu, 06 May 2021 15:04:33 +0000 hourly 1 https://wordpress.org/?v=6.0.8 By: Ahmed https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-1046 Wed, 29 Sep 2010 12:33:33 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-1046 Is there any thought that a "good bank" solution could have worked? I.e., rather than buying up all the troubled assets from banks in distress, buying up all the ordinary deposits and sound loans (paying a fair price for them), and creating new banks owning them which could then allow the normal economy to carry on regardless, paying wages and so on.

The bad banks would be left with all their bad assets and a fair price paid for all their good ones, and left to fight it out for themselves as to whether they were solvent.

]]> By: ozzydave https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-998 Tue, 21 Sep 2010 19:14:18 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-998 Ozzydave says:
many thanks to Frog2 and Golem. i can get very cynical and therefore waylaid (in my attempts to fit the pieces into the jigsaw) when the parameters for crucial figures are altered (or at least very unclear) and/or the media narrative is essentially non existent between CLEARLY related events. thanks again.

PS: has anyone read 'Loretta Napoleoni's "Rogue Economics: Capitalism’s New Reality"
Recommend? i heard her in a lecture yesterday and she made some very refreshing comments about where we are going economically (due to the same foxes being in the hen house) and also in relation to the Islamic banking system.

]]> By: Golem XIV - Thoughts https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-783 Tue, 03 Aug 2010 07:47:47 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-783 Classic!

]]> By: Rob https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-779 Mon, 02 Aug 2010 22:12:32 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-779 Sorry cant copy link using phone, but search youtube for

"harry enfield 1933 arsenal"

I love that sketch

]]> By: Golem XIV - Thoughts https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-778 Mon, 02 Aug 2010 21:12:08 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-778 I'd completely forgotten that one! Enjoyed. Thanks

]]> By: Lars Eirik https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-777 Mon, 02 Aug 2010 21:05:16 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-777 Since you've been kind enough to send me a clip, I hereby return the favour

http://www.youtube.com/watch?v=da9Q6fiHFz8&feature=related

enjoy true british humour!

]]> By: Golem XIV - Thoughts https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-776 Mon, 02 Aug 2010 20:20:52 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-776 c.a.macleod,

Yep and it's still 12 years old!

]]> By: Golem XIV - Thoughts https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-775 Mon, 02 Aug 2010 20:19:31 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-775 Me too Lars. Wasn't it Bill Shankly who said football isn't a matter of life and death. It's far more important than that.

For me it isn't football that engages and consumes me.

It's the people who don't have something in their lives about which they are passionate, who worry me.

]]> By: Lars Eirik https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-774 Mon, 02 Aug 2010 20:11:08 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-774 Hi Golem, yes, I know it well, I was there when it happened, and I'm pleased that you do too – and that you appreciate its lunacy… but, you know, back then, 20 years or so, beating England in football was really something. Since then, the Norwegian team has beaten Brazil twice and today "nous sommes un peu plus blasés".

In my spare time I still play a little myself, and I'm involved in the management of a footballteam; I still feel like I'm entering a church when I see the pitch. I prefer more solemn language than that of the reporter, but I completely understand him being carried away like that….

]]> By: c.a.macleod.1 https://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-773 Mon, 02 Aug 2010 19:54:16 +0000 http://www.golemxiv.co.uk/2010/07/economists-claim-the-bail-outs-worked/#comment-773 Golem – how wonderful – you have a sense of humour!

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