libertango | (Reply)

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I don't think the corps are ready to declare war on the nation-state yet. At this point, the EU might have the guts to say "Fine, abandoned property," assure the workers that their paychecks will continue, and take over the patents of the company that says it won't do business in Europe. Foreclosure would be iffy at best, for two reasons: one is that the contract between lender and borrower probably doesn't allow for that as long as the borrower is up to date, and the other is that, well, where/how would they do it? They can't sue in an EU court without undercutting their position, and nobody else has jurisdiction, if the loan and asset are in Europe.