And the next government can sell it off for less than they paid for it and the cycle continues.
And the next government can sell it off for less than they paid for it and the cycle continues.
I’m guessing you don’t know any mixed race people.
Until security updates are stopped in October next year…
And if enough people die then Jack Bauer becomes president.
Four members of the richest British family, worth £37bn, have just gotten prison sentences for paying 1/10th the minimum wage to their servants. Paying them a legal wage would’ve kept them out of prison and been like you or me dropping a penny into a charity box, but they wouldn’t do it, even for people that they saw every day. Billionaires are sociopaths.
It began years ago. That’s why things are so bad in Greece, most of the people able to leave have done already in search of a better life and leaving behind a shortage of skilled labour and labour in general. Meanwhile non economically active people, mostly children and retired still need to be supported somehow and unsurprisingly the public finances are in a poor state.
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Much less. The company has like $60m in debts and $3m in assets and lost $56m last year. You need to find a way for the company to make enough to pay off its debts before becomes worth anything.
Yes. Thatcher sold it off in '89, and since then the private monopolies have accumulated ~£60bn of debts and paid out ~£58bn in dividends. Now they’re arguing with the regulator that they should be allowed to pay out more dividends, increase customer fees by 40% and not have to pay as much in fines for dumping raw sewage because otherwise the companies are “uninvestable” and they won’t be able to raise the money to pay their debts and will collapse.
It’s not the first. The B2 has been around since 1997. And the F117 since 1983.
Stock buybacks aren’t really the issue, if they didn’t exist they’d just be paying dividends with the money instead. The real issue is the reckless pursuit of maximising shareholder payouts, particularly for too big to fail corps.