Nationalisation a possibility for one or two

Full nationalisation may prove necessary as a last resort for one or two of the larger United States banks, says a new paper from the Brookings Institution.

The research stresses, however, that this should only be undertaken if nationalisation is made necessary if stress tests clearly show that a bank is already insolvent. It also finds that more widespread nationalisation is unlikely unless the economy performs substantially worse than most economist expect.

Click here to read the paper

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