True. When a business doesn't have to make a profit, corruption and incompetence will render it useless. That's exactly what happens when government takes over a business.
But it doesn’t happen by coincidence nor because of their stupidity. It happens by design, so they can justify a sell-down, bring the price lower and … their bribes from the sell-down higher.
True. When a business doesn't have to make a profit, corruption and incompetence will render it useless. That's exactly what happens when government takes over a business.
But it doesn’t happen by coincidence nor because of their stupidity. It happens by design, so they can justify a sell-down, bring the price lower and … their bribes from the sell-down higher.