Lately, on the political blogs I read, the talk is thick with whether or not banks in the U.S. should be nationalized. Frankly, I thought it might not amount to much more than that: talk. However, according to, FT.com, now Alan Greenspan backs bank nationalisation.If Greenspan thinks it needs to be done, that changes the nature of the discussion and indicates to me that the likelihood of it happening is much higher.
We are in the midst of revolutionary times. That doesn’t mean revolutions will occur – witness 1848 – but big changes will occur now or in the years soon to come.
(Flickr photo of Karl Marx from benleto’s photostream)
Hey, if Jason from Friday the 13th can make a comeback, so can Karl.
Smart People I Know 