Post by
TELEMARKER on Aug 17, 2023 12:10pm
Codelco
https://www.mining.com/web/codelco-at-risk-of-insolvency-as-debt-grows-cesco-report-says/
Comment by
spacegimp on Aug 19, 2023 10:22pm
Chile government uses them as a slush fund , same as the Mexico national oil company . Two great examples of socialism destroying what should be wildly profitable companies
Comment by
2024golden on Aug 21, 2023 11:39am
That is NOT socialism destroying these companies, it is CORRUPTION ! Big difference.
Comment by
JCSunsfan on Aug 21, 2023 1:25pm
Socialism is corrupt much of the time, communism is corrupt all of the time.
Comment by
2024golden on Aug 21, 2023 5:50pm
China is a gleaming example of socialism and communism done right....very little corruption, much benefit to the masses. And now they are eating the lunch of american/ western capitalist democracies that are drowning in corruption, greed, and entitlement!.
Comment by
JCSunsfan on Aug 21, 2023 6:18pm
China is absolutely chock full of corruption, and its economy is built on a real estate market that is a facade. Using China as a gleaming example is comical.
Comment by
JCSunsfan on Aug 21, 2023 6:20pm
Listen. This is off topic and not useful for this board. I probably should not have made that last comment (but it is true). Arguing about these things will not help here. My apologies.