CNBC is reporting French Industry Minister Arnaud Montebourg’s comments in regard to the potential nationalizing of an Indian company that has threatened to leave France:

“It’s a very good sign to send out (to investors). Nationalizing is a very modern step to take. Especially when you not only nationalize losses but profits as well, when you make public/private partnerships. This is our strategy.

“The strategy we’re putting forward is extremely modern and adapted to the current times of crisis. It’s a way of making the economy work in the interests of industry, more than just helping the financial sector,” he added.

Apparently in France, the nationalization of industries is a good thing for investors and will lead to automatic profits. If this is the case, why aren’t all industries nationalized?

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