Comment on Thames Water fined £122.7m in biggest ever penalty

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HumanPenguin@feddit.uk ⁨4⁩ ⁨days⁩ ago

Honestly, if Honestly, if we nationalized now. The debtors would expect the gov to pay. And it would be hard to refuse. At least without harming our national credit/trust.

Let the fuckers go bankrupt. Spend some time letting the military have to provide clean water. Aka 70s stand pipes.

Then rebuild them as a nationalized company. This way the debtors cannot claim Thames water was anything but a dumb investment on their part.

It is very likely the extra 3b they just borrowed was only allowed because the banks consider potential nationalisation a risk reduction strategy. Fuck letting them screw taxpayers by funding failing companies. we nationalized now. The debtors would expect the gov to pay. And it would be hard to refuse. At least without harming our national credit/trust.

Let the fuckers go bankrupt. Spend some time letting the military have to provide clean water. Aka 70s stand pipes.

Then rebuild them as a nationalized company. This way the debtors cannot claim Thames water was anything but a dumb investment on their part.

It is very likely the extra 3b they just borrowed was only allowed because the banks consider potential nationalisation a risk reduction strategy. Fuck letting them screw taxpayers by funding failing companies.

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