Sunday, Mar 21, 2010
Financial crisis: mainstream media cover-up
Greg Pytel: Nothing happened
In a similar way to Boris Johnson peddling a nonsense that banks are paying a lot in taxes (it is a nonsense since if, for the UK, you subtracted the costs of bailout from the taxes that banks paid to the exchequer, banks are still around £300 billion in the red), the mainstream media like Newsweek published an article which suggested that at the end f the day liquidity crunch turned out to be more scare than a problem.
Posted by ant @ 09:57 AM (349 views) Add Comment
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