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    It has weakened the economy and has increased our deficit, making it more difficult for the future.” Any time Joseph Stiglitz calls out the government on their bad decision making, its worth reading: "Nobel Prize-winning economist Joseph Stiglitz said the world’s biggest economy is suffering because of the U.S. government’s failure to nationalize banks during the financial crisis. If we had done the right thing, we would be able to have more influence over the banks ... They would be lending and the economy would be stronger." Stiglitz has stuck with his view even after the U.S. economy returned to growth in the third quarter and as banks’ share prices climbed this year… The U.S. government plans to alter the way that a similar rescue would be handled in the future. Full Article at The Big Picture
    Nobel Prize-winning economist Joseph Stiglitz said the world’s biggest economy is suffering because of the U.S. government’s failure to nationalize banks during the financial crisis. If we had done the right thing, we would be able to have more influence over the banks ... They would be lending and the economy would be stronger.
    SOURCE: The Big Picture 2 weeks ago