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Nationalized industries are usually guaranteed against bankruptcy by the state. They can therefore borrow money at a lower interest rate to reflect the lower risk of loan default to the lender. This does not apply to private industries.
title: 'Insecurity'
text: 'Nationalized industries are usually guaranteed against bankruptcy by the state. They can therefore borrow money at a lower interest rate to reflect the lower risk of loan default to the lender. This does not apply to private industries.'
tags:
date: 2005-05-14 00:51:29
submitter:
wikipedia
effective: 0.25
support: 0
oppose: 0
stancePos: 1
stanceNeg: 0
stanceEffective:
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