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Old 05-02-2008, 12:33 AM
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Skydaemon Skydaemon is offline
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Default Nationalization binge?

bolivia nationalized energy firms

This is like the third country in a month to go on a nationalization run of mining or energy or whatnot. Starting to look like a trend.

// edit
The thing is that most nationalized companies like this devolve into unproductive messes that lose productivity and fail to continue to invest in expansion to replenish depleting mines/fields. If that does turn into a trend could bode poorly for production of said industries.

Last edited by Skydaemon; 05-02-2008 at 12:36 AM.
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