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Yeah, "nationalization" is ambiguous ... I think in this case, it's not nationalization as in "stealing" like Saudi Arabia nationalized Aramco or what happened
by tomp 7y ago
Yeah, "nationalization" is ambiguous ... I think in this case, it's not nationalization as in "stealing" like Saudi Arabia nationalized Aramco or what happened in Venezuela, but as in "rescuing" after a bancrupcy (instead of "bailing out" - giving loans - i.e. rewarding investors into failed companies with really cheap credit).