Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy Jetson who wrote (69343)	5/20/2008 9:40:43 PM
From: Maurice Winn	Read Replies (1) of 74559

New Zealand and Brazil have increasing similarity. NZ is nationalizing/confiscating private businesses including those they previously sold. For example, they sold Vector and then declared that the maximum profit allowed was little more than bank interest which of course caused a collapse in my share price. They did the same with Telecom [selling then regulating them]. They did the same with Auckland Airport = sell it to the public then refuse to let the Canadian Pension Scheme buy it because it is a "strategic asset" as though the Canadians would pick up the runway and ship it to Canada - but the government let China buy a chunk of Vector assets, which are far more strategic. Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next