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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (13620)1/19/2007 3:12:47 AM
From: elmatador  Respond to of 219858
 
win-win situation communicated in unmistakenly terms.



To: TobagoJack who wrote (13620)1/19/2007 3:29:50 AM
From: elmatador  Respond to of 219858
 
Iranian man is no Chinese man. Iranian man not pragmatic like Chinese man. Hence the language of this posting is lnaguage Iranian understands.

Iranian man much underdeveloped and neolithic type of man who wants to solve problem clubbing neighbor with big piece of wood. Right in the middle of the head. Do not like discussion. Beat before. Talk later. Neo-con man, Bush friend man, fluent in this language!!)

Iranian neolithic man is no industrialist man. Is trader man. It doesn't make stuff and seek markets for selling.
It only gets stuff with right hand. Pass to left hand, and deliver to buyer and get a cut of it.

Iranian man has only oil, pistacchio and carpets to sell.

Oil is inside ground. Need gringo from faraway to pay for technology and take the risk of drilling dry well.

Iranian man sign contract with gringo and take lion part. Gringo takes risk and small part of profit but 100% of the risk. Iranian man, if sees gringo making money, change the rules of the game at half time and second half gringo have no more money to take home after putting all the investment cannot get out.

In modern man parlance this is called: Creeping expropriation. You slowly turn the screws on the company until it is yours.

"Creeping expropriation is a variation of a de facto nationalization in which the expropriation occurs over a period of time by a series of gradual actions and measures rather than by a single act taken at a definite time. For example, new taxes affecting the economic returns of a project or increasing regulations undermining the control of a venture may ripen into an effective expropriation over time.

As a variant of a de facto nationalization, a creeping expropriation can give rise to a claim for compensation even if no executive decree or legislative act can be found confirming the taking. Of great significance is that a creeping expropriation may lead to a finding that a nationalization has occurred at a time earlier than the date when a formal decree is issued. This may affect the amount of compensation payable since later acts - actions taken by a government before the issuance of any formal decree of expropriation - may reduce the value of the concession or contractual rights seized, and thus reduce the amount of compensation to be paid."



To: TobagoJack who wrote (13620)1/19/2007 8:03:14 AM
From: Slagle  Read Replies (2) | Respond to of 219858
 
TJ,
I doubt there was much foreign property in China for Mao to expropriate. There were a bunch of textile mills built on the Chinese coast back in the 1920's and even before, but then the Japanese came and occupied most of this region in the 1930's. After 1945 I don't think much was done there in the way of foreign investment because of all the problems.

Iran was a different story. There you had all that oil infrastructure built by the Brits and the "Seven Sisters".

And I am curious as to what will happen to similar issues next door in Iraq. It seems that a peculiar silence about the disposition of these assets exists.
Slagle