Why The Bailout And Stimulus Package May Not Be Enough

Avatar:
Ben Cohen
Author:
Publish date:
Social count:
0

By Ben Cohen

Leo Panitch tells Paul Jay of The Real News that Bailouts And Stimulus packages may not be enough if banks are not forced to lend (a stipulation Gordon Brown demanded in the U.K bailout package). Panitch says the crisis is so severe, full scale nationalization may be the only option in the long term: