It’s a complete farce, imho. Especially since it’s another case of “buying a company by taking out loans against that same company”.
It’ll just be a waiting game for the promises to expire, then splitting off the profitable bits, lumping the debt onto the obligated post bit, and letting the state pick up the pieces.
MonsterMonster@lemmy.world 6 months ago
We’re only now feeling the effects of the water privatisation of a few decades ago along with the selling off of the council houses.