I looked into this a bit, and nationalising the water companies is a sticky topic.
When Thatcher privatised them, the idea was the regular Joe would profit grim these companies when they did well, through share holdings. The issue was, the initial share price was much too high for the regular Joe to afford, which gave the opportunity to pension providers to buy much more stock, of said water companies.
Now if you nationalise said water companies, stock price would go to 0 and lots of pensions will get hit as well.
I fully agree that all those companies should be renationalised, I just don't know how it can be done without tanking pensions.
I can only talk from my wife's experience, so take it with a pinch of salt (a sample size of 1 isn't the most reliable.)
My wife was born in Yugoslavia in the 80's. She lived in her village until she went to university.
You may have heard about the little disagreement in the Balkans that occurred during the 90's which resulted in the split of Yugoslavia.
After that my wife was living in Bosnia, specifically the Republika Srpska part. She is now classified as both Bosnian and Serbian (holds both passports and nationalities).
She has Bosnian nationality because of the country she was now born in, and Serbian nationality due to being an ethnic Serb living in Republika Srpska.
I looked into this a bit, and nationalising the water companies is a sticky topic.
When Thatcher privatised them, the idea was the regular Joe would profit grim these companies when they did well, through share holdings. The issue was, the initial share price was much too high for the regular Joe to afford, which gave the opportunity to pension providers to buy much more stock, of said water companies.
Now if you nationalise said water companies, stock price would go to 0 and lots of pensions will get hit as well.
I fully agree that all those companies should be renationalised, I just don't know how it can be done without tanking pensions.
You can flush a toilet without a working mechanism. Just get a big bucket of water and dump it down the toilet, and that does the same as flushing.
God, I wish more people used Signal
The only DEI hire that Republicans approve of
Epstien arrests in America: 0
Epstien arrests in UK: 2
Yes, Gorilla Games is a Dutch company
Family of 3 here, and we spend on average £544 a month
Thanks, I was planning on buying a new usb for Mint, so getting wiped won't be an issue
Thank you for reminding me that I should delete my account
That's a nice idea
That's a name I haven't heard in a long time
1000% tariff on all American goods.
1000000% increase on taxation for American tech companies
The only thing I admire about Trump is how he got the corporations to kneel.
Unfortunately it was to enrich himself and his cronies, and not the American people, so that's where any admiration ends
I can only talk from my wife's experience, so take it with a pinch of salt (a sample size of 1 isn't the most reliable.)
My wife was born in Yugoslavia in the 80's. She lived in her village until she went to university.
You may have heard about the little disagreement in the Balkans that occurred during the 90's which resulted in the split of Yugoslavia.
After that my wife was living in Bosnia, specifically the Republika Srpska part. She is now classified as both Bosnian and Serbian (holds both passports and nationalities).
She has Bosnian nationality because of the country she was now born in, and Serbian nationality due to being an ethnic Serb living in Republika Srpska.
Old school, is the new cool
100s of billions of dollars to his name yet not one child to say "I love you dad". What a sad empty life
Wait, Proton sends user data to Google? Doesn't that run contrary to their privacy ethos? Do you have an article on that I can read?
I keep seeing all these videos from the FSA and am just wondering how long it'll be until someone snaps and exercises their 2nd amendment rights
I don't think China would team up with the EU explicitly, it would be more of a pact against a common adversary.
A Russian-China spearheaded alliance. Who else would want to gain from American military chaos