RE:Bad decisionsSymbiotic wrote: A company that makes decisions to operate in a risky setting must accept the downside if it matieializes and one did. Expropriation is an ownership and control issue. Breach of contract is at best the issue. Mineral rights in most cases are property of the government right or wrong. If some foreign entity mines those minerals it is under an agreement not under ownership. They are a renter not an owner of said rights. If such is the case you better not rent a house to anyone as it will be gone. Just as a renter accepts eviction for right or wrong reasons the right or wrong may be grounds, the ownership is not. Besides that the conditions under which the contract were made also changed due to outside intervention. The country was subject to the oil crash. Did you think that was not engineered along with the exceptional theatre to aid in perception formation? Look at the size of the players in that game at the moment. Their is hyperinflation in the country and many are face the prospect of starvation. I don’t think the extraction of funds necessarily aids in the address of the situation. Maybe the people should take a class action against those that cause them additional suffering? Maybe a company that issues a IPO that is not well received could be compensated by the market because of its lack of acceptable participation? Or maybe the risk takers just have to accept the bad judgement and or circumstance that reminded them that risk can have a downside. Just my opinions is all.
Umm, not quite sure how to respond to any of that except to quote:
’Twas brillig, and the slithy toves
Did gyre and gimble in the wabe;
All mimsy were the borogoves,
And the mome raths outgrabe.
“Beware the Jabberwock, my son!
The jaws that bite, the claws that catch!
Beware the Jubjub bird, and shun
The frumious Bandersnatch!”
He took his vorpal sword in hand:
Long time the manxome foe he sought—
So rested he by the Tumtum tree,
And stood awhile in thought.
And as in uffish thought he stood,
The Jabberwock, with eyes of flame,
Came whiffling through the tulgey wood,
And burbled as it came!
One, two! One, two! And through and through
The vorpal blade went snicker-snack!
He left it dead, and with its head
He went galumphing back.
“And hast thou slain the Jabberwock?
Come to my arms, my beamish boy!
O frabjous day! Callooh! Callay!”
He chortled in his joy.
’Twas brillig, and the slithy toves
Did gyre and gimble in the wabe;
All mimsy were the borogoves,
And the mome raths outgrabe.