标签:
杂谈 |
Commentary: Bankruptcy, not bailout, is the right answer
- Story Highlights
- Jeffrey Miron: Government encouraged lenders to relax their
standards
- Mortgages were given to people unqualified to repay them, he
says
- Miron: Rather than a bailout, government should let firms go
bankrupt
- Talk of economic Armageddon is scare-mongering, Miron says