Astute
Well-Known Member
Yet again I agree. But all in one go?I've laid out the reasons why I think they should several times.
We have currently nationalised the losses and privatised the profits.
There have already been failing franchises coming back in to public ownership. We should eventually do it with them all.
Look at the list I put up. Try and work out the cost.
For gas and electricity I would just start up a company against the suppliers and undercut them. I would take a longer term outlook. Transport? Start with the trains. Don't renew contracts. Make it better. But even this wouldn't be overnight.
When you extend credit the cost goes up. The cost would fly up. So more debt at a higher rate.
It is bever good to buy on credit. But when you are talking untold hundreds of billions.....