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On the surface it seems shocking that a nation would sell off parts its physical environment because of public sector debts. But this has been going on for a long time in impoverished nations. First profligate nations are lent a lot of money by private sector banks. Then the nation becomes over-extended revenue-wise. Finally the IMF is called in to provide a “loan” that must be paid back. The impoverished nation cuts its bloated public sector, raises taxes and sells of chunks of its public