Đời sống
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Caution: Don’t relate yourself to this blog post for any reason. 99% chance is that I’m not talking about you. Though I do feel the need to say what needs to be said, I very much fear misunderstanding. Recently, I watched the US political drama series “House of Cards” and was very impressed by what…
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This week I have spent most of my time researching on the bailouts practice in America. The Central Bank, as many people agree, has a role as the lender of last resort who is willing to provide liquidity to an illiquid bank. By rough definition, there are two types of “bad” banks: the insolvent one,…