30
Why does government of different nations fail to nationalise all the private banks ?
There are many private and nationalised banks all over the world. The nationlised banks were priviously private and latter on nationalised by government. Now a days government can also nationlise all the private bank for betterment of their nations. Hence government should nationlise all the private banks,and merge with existing nationlised banks.
asked by Sambhunath 2 months ago
flag
Dark knight rides says
Why do you think that nationalizing the banks is the best thing for the nation? In many nations that have nationalized their banks, the banks are worse off than in nations that haven't. Your logic also implies that the government can do a better job of running a a business than the business does, unlikely. When banks are run correctly, they are much more efficient and reliable that any other government run agency.
You can vote each answer up or down to show your support or disapproval. You cannot flag an answer, but if an answer receives enough down votes compared to up votes, then it will become hidden.
