The New Privatization
Fast Money for Cash-Strapped Nations
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  • Joseph Blieu

    Time to sell the cow and buy the new dress. Governments can’t be trusted to use cash infusions without wasting it completely ( or using it for one off investments in selected classes of voters.) Norway may be an exception. In five years this will result in the same cash balance but with no more capital assets.

  • Bruce

    Selling assets reduces the size of fiefdoms. Very few in government are willing to do that. As the government class has made clear via their compensation packages and attitude, they are now superior to those who “employ” them. Those who are superior do not reduce the size of their kingdom. Nice idea, but listen to the howling if it’s ever seriously proposed.

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