From "The Age of Turbulence" by Alan Greenspan.
are what separates
the First and the Third World.
is based on shared belief:
(ie - the social contract)
Personal Property comes with rights.
Expropriating private property
shatters business confidence
and is Economically Unsustainable.
It's easy to take a property,
and the yields will be lucrative,
but only in the very short term.
The Privatization of the Crude Oil Industry
didn't break right away.
But once the Maintenance Companies
Everything starts to fall to ruin.
And Nicolas Maduro, President of Venezuela:
the former bus driver
and bodyguard of Hugo Chavez,
into the Gold Reserves.
And when the Gold is gone.
The Gold's gone.