I like how people blame privatization for these issues, but then if you read things carefully you'll see that at all points the state exercised measures of cont

I like how people blame privatization for these issues, but then if you read things carefully you'll see that at all points the state exercised measures of control over the supposedly private company that not only prevented the resolution of the issues, but significantly constrained the companies options. This example is just another one in the very long list of cases of this sort of thing happening. I have yet to see a single example where the market has failed without government intervention being directly involved in causing the failure. It's really quite astounding.