Why would the nationalisation of Thames Water end up putting its debt on the public books? If a company goes bust, and the govt buys the remains, surely the investors simply lose their investment and the debt falls to zero?
They want water companies to operate as profit makers, so they should accept when they go bust too.
@localzuk I keep making this point. The banks who keep lending to these grifters can see the water company accounts, so they know they are already overloaded with debt. But they are counting on the "too big to fail" argument they themselves used in the 2008 financial crash.
I can understand taking on operating debt - I.e. paying what is owed to the companies supplying them so that there's no supply chain contagion, but the investors? The gamblers? Let them fail.
Always find it weird how a generation of people who didn't do national service, didn't have to pay for university, were able to buy homes on single incomes, etc are in any way listened to when they say that you r people don't work hard enough, don't have it as hard as they did, or that they need to go into the military to learn respect.
Why do any of us listen to these loud mouthed fools?
The UK has a serious problem with poorly thought out schemes.
Deprivation of Liberty orders seem to be, quite frankly, moronic. Let's lock children up so they don't get pulled into a life of crime where they'd be, err, locked up.
The USA needs to start letting Ukraine use its weapons to strike into Russian territory. Force Russia to move its logistics further and further away from Ukraine. Render the Russian operation too difficult and expensive to maintain.
Ukraine has been suffering attrition, its time for Russia to feel it on a larger scale.
Not sure you'd will get anywhere, or if it should.
Without the government stepping in and nationalising Northern Rock, it would have creased to exist entirely. The existing shareholders would know that investing is risky, and you can lose your investment.
It is clear that the suffering of the Palestinians isn't just a side effect of the war. It is by design. Israel has consistently failed to protect even the most basic human rights of the population.
The international community needs to grow a backbone and do something about it.
Arguments about having the right to defend themselves are irrelevant at this point.
Spent the last few days trying out Manjaro linux on my home gaming PC. Same conclusion as always - lacking in finish for gaming.
Specific issues - Wayland + Nvidia is still a "you have to do all this fiddling" mess to get it to work.
Tried it with X11 instead, but then half the stuff in Lutris doesn't work, and the response for others with similar issues is "all the devs use Wayland, so you're on your own".
Doesn't seem to matter how much time goes by, the Linux community stays the same.