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https://archive.is/TuCOz

The decision to nationalize British Steel is part of an emerging trend by the Labour Party to take more control of industries and sectors that are deemed to be failing. The government is renationalizing rail operations around the country.

Andy Burnham, the former mayor of Greater Manchester, is set to become the country’s next prime minister. He has said he wants to bring more essential utilities and services, like water, housing and energy, under greater public control.

Enjoying your socialism yet?

https://archive.is/TuCOz >The decision to nationalize British Steel is part of an emerging trend by the Labour Party to take more control of industries and sectors that are deemed to be failing. The government is renationalizing rail operations around the country. >Andy Burnham, the former mayor of Greater Manchester, is set to become the country’s next prime minister. He has said he wants to bring more essential utilities and services, like water, housing and energy, under greater public control. Enjoying your socialism yet?
[–] • 4 pts

China says that the jewK didn't hold up their end of the bargain with promised help.

Both of them are lying.

[–] • 2 pts

That company was losing $1M per day when they bought it, so the purchase couldn't have been an investment in a profitable business. I wonder what China thought it was buying.

[–] • 1 pt

Power over others. They thought they were buying power over England.

But in all likelihood there was a well paid individual or close family that knew they were buying crap. The brokers always make out, at least until Xinny the Pooh catches up with them. Unless he was the one who got paid.

[–] • 0 pt

They thought they were buying power over England.

Influence was exactly my thought as well.

[–] • 1 pt (edited )

Ching Chong Ding Dong Inc. bought it for 94M pounds, invested 1.4B pounds is what I heard. (Or what my brain chooses to remember)

That they're all lying is a given.

[–] • 1 pt

I do remember reading that Chinesium, Inc. did pour quite a bit of money into it.

[–] • 0 pt

What could possibly go wrong?

[–] • 0 pt

so, when TSMC invest billions to make a fab in USA and then USA seize it....

it is all fine and nice

right ?