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A comment on Memo: Foxconn cost to Wisconsin nearing $4.5B. Parent comment

Re:Memo: Foxconn cost to Wisconsin nearing $4.5B by partycoder on Tuesday January 16, 2018 @06:49PM (#16164047)
Many countries give short-term incentives to attract long-term foreign investment.

Some countries go as far as providing guarantees for investors in their constitution.

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Re:Memo: Foxconn cost to Wisconsin nearing $4.5B by bduerst on Tuesday January 16, 2018 @06:59PM (#16164112)
Developing countries, sure, and they run a huge risk of propping up an unsustainable economy. Especially when those incentives run out.

Just look at how Argentina's incentives for Blackberry panned out: https://www.npr.org/2017/02/23/516895101/when-argentina-elec...

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Re:Memo: Foxconn cost to Wisconsin nearing $4.5B by partycoder on Tuesday January 16, 2018 @07:34PM (#16164375)
All investments have associated risks. e.g: Microsoft invested in Nokia and turned out bad, except for the acquisition of a substantial IP portfolio.
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