Comments by "Nigel Johnson" (@nigeljohnson9820) on "UK bill to revoke EU laws could have 'negative impact on trade', Brussels warns" video.
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@parametr it only needs to import those raw materials that geology and geography have denied it. What the UK should never have done is sold the means of production to foreign owners. The UK should sell what it produces, not the means of production.
The situation can be reversed by applying regulations that make owning UK assets less attractive. Certainly that is what must be done with public utilities, infrastructure, and critical industries. By definition an investor expects to take out far more than they put in. In the case of foreign investors, what they take out is lost to the UK economy, never to return.
A classic example is the privately owned monopoly water companies.
The pay their shareholders far more than they have invested in the UK, and both amounts are funded by the UK customers. The same applies to many other uk industries that have fallen into foreign ownership. Defenders of this iniquity and taking UK tax payers for fools. The ability to apply UK regulations, as opposed to EU regulations, can make such ownership far more onerous, making it easier for the UK to regain control, and nationalise where necessary. Saying that the UK government has not done this, just confirms that the advantages of credit have not be used.
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