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Nationalize or Privatize?

January 31, 2009

The outlook regarding the financial crisis and banks is that we have nationalized the banking system, and done away with unfettered free market capitilism in the dawn of the 21st century. 

I, simply, do not agree. We have done to the banks what hasn’t ever been possible. Today, are government is now the primary shareholder of the national and worldwide banking system. We have privatized the government, and it happened under the urgency created from the false reality of a functional free market.

What do you think is happening?

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