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1966bluemax
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Comments by "1966bluemax" (@1966bluemax) on "Why Private Investment Works \u0026 Govt. Investment Doesn't | 5 Minute Video" video.
It’s like the water company in the Philippines. Before privatization, the pilferage rate was 50%. The government agency didn’t care cause they charge the pilferage lost to customers as surcharge. After privatizing the water services in 1997, guess what? A miracle.... pilferage rate becomes almost 0%.
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