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The government is a horrible VC or lender ... What is the proof for this statement? I'm not asking what are the theoretical underpinnings of this worldview; wh

• PakG1 14y ago
  That's difficult to say, because government investments mostly go into infrastructure and enablement policies, not ventures. But let's give it a shot. USA: Green energy investments, of which some companies have turned out to be outright fraudulent. China: Massive infrastructure and housing overspending and bubble, with much shoddy construction. Housing and construction companies everywhere benefiting from the money only contributing to a high-probability disaster ending. Most Olympics-hosting nations, depending on what you perceive to be an acceptable measure of return.