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How privatization works (lemmy.ca)

submitted 3 months ago by streetfestival@lemmy.ca to c/politicalmemes@lemmy.ca

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[–] UnderpantsWeevil@lemmy.world 9 points 3 months ago

Now the UK owns nothing and has £3tn in debt

The UK has accumulated plenty of valuable capital in this period and spends a sizeable chunk of that accrued debt protecting it.

They can take it back whenever they choose. The Brits simply have a national, state, and local leadership more invested in the well-being of the leisure class than the working class.

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