Can somebody explain to me why is it a good idea to operate the utilities (water, power) of a foreign country? China is buying up a lot of them, but in inconsequential places like Zambia or Portugal. It’s like they can jack up prices at will. It’s heavily regulated.
Replying to @thespandrell
If you foreclose on Zambia for non payment of debt, everyone thinks you are a usurer. If you foreclose on Zambia for attempting to renationalize water and power, everyone thinks that if you do not foreclose, they will be in the dark with nothing to drink.
4:13 PM - 7 Sep 2018
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