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True. And they should certainly try to get some money for their assets (and they haven't said they won't). But the point still remains. If you're actively lo
by TomOfTTB 16y ago
True. And they should certainly try to get some money for their assets (and they haven't said they won't). But the point still remains. If you're actively losing money on an investment and selling it for zero is your only option it's still better to sell it for zero than to hold on to it.
- jbooth 16y agoYou might want to look at the Russian privatization of the early 1990s for an example of exactly how not to do this. Unfortunately, Walker seems to think that experience is an instruction manual.