Privatise. Everything.

Discussion in 'Markets & Economies' started by spets1, Jul 10, 2011.

  1. spets1

    spets1 New Member

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    This seems to be the latest trend in the world. Large corporations keep buying up everything.
    Small companies and government sectors.

    In Australia we have Power Sell Off going on.

    Energy Australia became owned by TRUEnergy Hong Kong based Company.
    Origin Energy, part of Boral a multinational corporation consumed Integral Energy and Country Energy. Bot Government corporations before sell off.

    In US small banks all broke up like dominos and all got consumed by the giants who got bailed out.

    All the bailouts are given to governments over the world have conditions attached structural adjustment(another pretty word) to privatize national wealth.

    This privatisation is going to end badly for the people.
     
  2. Trichter

    Trichter Member

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    The thing about the Greek privatisations is that they will not even come close to paying off their insurmountable debt and they will have to be rescued anyway. But it does give the big boys a chance to come in and cherry pick the best infrastructure of the country for fire sale prices. People protest in the streets, but Greece's future is being mapped out in the swanky hotels in Athens.
     

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