It seems to me that governments all over the world are busy squandering their one hope of economic revival, state investment banking.

Allow me to take Britain as an example, we own large shares in most high street banks as government assets as do many countries. Despite this the banks are still not lending to businesses.

We have a failed manufacturing sector but a potential for it to benefit massively from the development and production of advanced green technology.

We also have something of a deficit, so through these banks the state could make loans to new emerging industries thus obtaining shares in said new industries profits, creating jobs and plugging the hole in finances.

This of course would not involve the limiting of any private sector activity, just the government trying to facilitate change in the economy and utilise it's potential to change the banking sector.