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Bill B
Richard J Murphy
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Comments by "Bill B" (@billB101) on "Nationalising essential utilities – like water – should not cost taxpayers anything at all" video.
You have Thatcher to thank for that.
15
That's utter rubbish.
2
If it's insolvent and goes bankrupt, the operation is shut down and the assets are sold off to pay its debt, it doesn't just disappear. What then?
2
"Mass immigration if the root cause of sewer overflows" Lol what?
2
@davideyres955 Thatcher sold off the water companies, not Blair.
1
Comparing the economy now to what happened post WW2 is for sure. It's nonsense.
1
You realise what would happen if they did... right?
1
This not Starmers fault though, it a mess that's been inherited
1
And then what, it doesn't suddenly cancel out the debt.
1
@Redf322 So basically a huge shift in capital from the state to the owners. If Labour did this they've be absolutely creamed. And if not who exactly would buy these 30 year bonds at 3% without the post WW2 sentiment there was back then. As per usual Murphy is full of pie in the sky unworkable solutions, like it's all some easy fix problem.
1
@quillo2747 you're literally just a making this up to throw in an anti immigration angle.
1
Post WW2 there was huge sentiment to rebuild the country again, that doesn't exist now. And who exactly would buy the 30 yr Government bonds needed to do this at 3% then?
1