Loading ...Nationalization? To convert from private to governmental ownership and control.
This is a new trend, that started after the 2008 meltdown. The meltdown was a result of the failure of globalization, and started a REVERSAL of globalization. This is simple stuff, it was obvious to me, and I posted it soon after the meltdown, that corporations operating in other peoples countries, would get their wings clipped.
I also stated a phrase, covering people and businesses, “If you were getting away with something, you have to stop because it’s going to end”. I think what is going on is “natural resource nationalism”. Even the slave owners eventually lost their gig or what ever you want to call it.
So, lets face it. Many of these mining companies (and other big corporations) are operating in somebody else’s back yard. They got away with it for decades. One by one they will have problems. On the positive side production may dwindle and drive physical prices up.
Everything is unfolding in slow motion. I forgot to mention the candy ass sugar coated headline by the fake news media. Why did they do that? To not alert the investing public. Because this trend should grow.