Polish Government Plan to Make State-owned Firms Shoulder Bankrupt Coal Mines


The new government announced plans to compel other state-owned companies to kick in funding to bankrupt coal-mines also owned by the government. Since it costs more to mine the coal than its market value (and Polish coal is notoriously poor in quality), this is the classic maxim of throwing good money after bad. Or maybe the black hole of Poland?


Animation here.

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