Friday, November 30, 2012

France's threat to Mittal is proof that socialism does not work

and their respective economies actually walk to the ground.

In France, Francois Hollande, President of the social-democratic, busy in an extraordinary burst of public bickering with Indian descent steel magnate Lakshmi Mittal with threats to nationalize Arcelor Mittal plant in Florange after Mittal shut down two blast furnaces to his losses after a worldwide drop in demand for steel.



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