Tuesday, October 7, 2008

No quagmire between Socialism and Capitalism please

NEERAJ KAUSHAL writes in the Economic Times “Governments in the US and Europe are pumping large doses of socialism to clear the mess created by unregulated capitalism”.

Let’s not create more mess on the crisis without facts.

And she says that “The US treasury is hopeful that with the $700-billion rescue package it will be able to induce banks to increase their lending and reduce the credit crunch”.

No comments: