Capstone Green Energy Corp (fka CGRNQ)

[Seasound]

Anytime Nationalization is in the conversation, especially in S. America, folks get a bit wary of investing capital there, including their capital assets. I traded a driller, Helmerich & Payne (HP) a couple of years ago and our friend Hugo decided to nationalize 11 their very expensive rigs. Check out Thomson Reuters for details.

Just a cautionary tale concerning nationalization. As you point out several nations, the IMF and World Bank have criticized Argentina. I'm sure President Cristina Fernandez de Kirchner feels remorse as she moves forward regardless.

It is sort of ironic that Spain, who once plundered the world and then went on to conquer Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay and Venezuela, wiping out the Incas in Peru and the Mayans in Yucatan in the process, is now crying foul and is going to retaliate economically.