The Day of Reckoning for the West

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June 15, 2011

The Day of Reckoning for the West

Gary North /
When TBTF Meets TBTK–You probably know what TBTF stands for: too big to fail. We need a comparable acronym: TBTK. It stands for too big to kick, as in “kick the can.” “Too big to fail” is such a common phrase these days that HBO chose it as the title for a movie on the big bank bailout of 2008. The context of TBTF is correct: the largest banks, all over the world.
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Posted by Editor at June 15, 2011 01:07 PM

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