Comment by shimman
6 hours ago
Don't worry, this is the type of project that can easily get nationalized with zero pushback if anyone with authority wanted to.
6 hours ago
Don't worry, this is the type of project that can easily get nationalized with zero pushback if anyone with authority wanted to.
That might have pretty negative long time consequences. Nationalize a few companies and soon the corporates might relocate.
Where are they going to go? Honest question, because capital flight is always a threat that never materializes. Turns out the actual pillars of wealth can't easily be extracted out of the country.
yes but only by a US authority.
Yes and the seeds have already been planted by the current US administration taking various financial stakes in public companies as a condition of corporate welfare.
Huge difference between taking an equity stake in a failing company and nationalizing a successful company. Either way, those seeds were planted well before this admin, though this admin can be seen to have watered/tended them.
The current administration didn’t start that, see the bailouts of the 07-08 financial crisis.
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