Bingo. This applies to basically all nationalized sectors due to top-down corruption. It's why PDVSA has been collapsing in on itself over the last 15 years in

Bingo. This applies to basically all nationalized sectors due to top-down corruption. It's why PDVSA has been collapsing in on itself over the last 15 years in spectacular fashion. All the competent engineers and administrators are dead, in prison, ex-pats, retired, or sorely out-numbered by professional grifters who have mismanaged the organization into the ground. It took a generation to train a world-class engineering workforce and a generation to tear it down.