The sad aspect to this news for me is that until about 2 decades ago, these assets were in State hands but ended up in "private ownership" through a series of corrupt deals. Much of it financed with money from the usual suspects.
Inflation by any other name – Central banks around the world increase balance sheets from $2 trillion in 2008 to $6 trillion in 2013. The slow erosion of purchasing power in the US....
