Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Free
Message: Re: Maybe this wil make other SA leaders think twice

I don't know the details, but I think this will show other leaders that you can't just nationalize when others have invested money to make the resource development possible in the first place. If a country decides it does not want outside investment on a go forward basis, that is their right to limit or stop foreign investment. But to nationalize after the fact without full compensation is a different matter. Venezaula is about to discover a very basic fact - there is no free lunch. As other counties watch Chavez try to come up with the money to pay for what he stole, I believe they will think twice about following the same path.

Share
New Message
Please login to post a reply