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Old January 10th 08, 01:15 AM posted to rec.radio.shortwave
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Default Yea Eadurdo, radio is a growth-industry and crappy HD radios will save it!


"dxAce" wrote in message
...

I did.


Ya know, it would really seem as though there would have been better
remedies out
there to ensure the preservation of his investment.


Again, you are judging by US standards the things that go on in nations that
do not have, or for a period, do not have rule of law. A government like
that can nationalize anything they want.

In Cuba, American mining, refining, hotel and package goods companies had
all their assets nationalized in 1960. None have been recovered.

In Mexico, Lázaro Cárdenas nationalized foreign oil, rail and mining
companies in the early 30's. None of these assets has been recovered to this
day, over 70 years later.

And look at Bolivia's nationalization of the tin mines. Or Ecuador's
nationalization of petroleum resources. The list is endless. And there has
been no recovery. Venezuela has just nationalized the majority share of the
petroleum industry. Several US companies did not want to work with the
government, and abandoned their remaining interest and received nothing.




 
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