I just watched 'Inside Job' because of your recommendation. Now, to think of it, was oue ex finance minister' decision to bail out Century Bank was like what's been explained in this documentary film?
Difficult question that I won't pretend to know the answer to.
The pro bail out says if Bank Century got hit by withdrawal rush, it can be like a little fire that spread to 'the neighbors'. The whole Indonesian banking system was at risk.
The contra bail out says Bank Century is too small a bank to affect the entire Indonesian banking system.
Who is right? God knows, I'm no economist. Now can we just discuss about Raline Shah? 😙
The pro bail out says if Bank Century got hit by withdrawal rush, it can be like a little fire that spread to 'the neighbors'. The whole Indonesian banking system was at risk.
The contra bail out says Bank Century is too small a bank to affect the entire Indonesian banking system.
Who is right? God knows, I'm no economist. Now can we just discuss about Raline Shah? 😙