Celebrating humanity's flourishing through the spread of capitalism and the rule of law
20 Feb 2016 Leave a comment
in fiscal policy, industrial organisation, politics - New Zealand, public economics Tags: government ownership, privatisation, state owned enterprises
Two dogs of an investment propped up a $20 billion portfolio that a few years later was worth less than 1/5 of that. Both of these stalwarts are now worth not even one dollar.
Source:New Zealand Treasury – information released under the Official Information Act, January 2016.
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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