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by scott_w 1074 days ago
> What profits are there if you need debt? And who will loan to you if your business plan is to exit scam?

If you’re a water company, after government bailed out the banks, chances were good you’re not going bust. What are they going to do? Let the entire population of London die of dehydration?

1 comments

And since a lot of investors in large utility companies are international, should the government somehow not make them whole (or worse, just expropriate), there would typically be repercussions - with international arbitration courts adjudicating reparation with processes that are typically stacked in favour of businesses.

It's a sham market.

I just explained the thought process, I never said it was guaranteed to hold true.