Pretty depressing reading.

[Edit] I had the archive link as a comment but this has gained enough traction that it's not obvious. Here it is again so you don't have to give FT any clicks https://archive.is/ypkln

  • huf [he/him]
    ·
    5 months ago

    These are private companies and the government has little control over them.

    lol, they have an army, just send it in and nationalize the shit out of them. the government has as much control as it wants to have.

      • huf [he/him]
        ·
        5 months ago

        neither of those are gonna happen, so it doesnt matter

    • Espiritdescali@futurology.today
      ·
      5 months ago

      I'm all for nationalising infrastructure, including houses, but you would still have to compensate shareholders unfortunately. If we didn't (which is an option) the markets would react very badly and make Liz Truss seem like a genius.

      • huf [he/him]
        ·
        5 months ago

        only if you let them. why does the government have to allow capital flight in the first place?