Doug Casey's advice on distributing assets

"My hobby, for many years, was sitting down with the rulers of basket-case countries—preferably military dictatorships—to give them a plan that I promised would make them loved by the people, internationally famous, and legitimately a multibillionaire without stealing.

"Basically, I proposed taking 100% of all State assets (land, parastatals, the works) and putting them in a corporation. 70% of the shares would then be distributed pro-rata to every citizen, 10% put in trust for the next generation, 10% taken public internationally, and 10% reserved for those who could make it happen.

"There’s much, much more to say. But it would get the government out of the economy, and liberate dead capital. By giving the people what they theoretically own, it would be very hard to steal the shares back. I had some wonderful adventures pitching the deal in a dozen countries.

"How does that relate to Argentina? It’s the only way to solve the problem of what to do with the Vaca Muerta oil deposits and Aerolineas. Barring a distribution of shares to the citizens, the assets will just be stolen when the next leftwing government is elected [anyway]. And used as a piggybank for the political caste."

~ Doug Casey from his post 'Doug Casey on How Milei is Flirting with Failure in Argentina'