Quote:
Originally Posted by Sephiroth
She was wonderful except for the privatisation of national utilities. I can see why - she wanted to bring cash in to fund capital projects and debt. Since then, that privatisation has been a blot on the country's copy book.
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I think you're right about privatisation, it's always seemed fundamentally wrong to try and make a profit (for shareholders) out of a public service. Another thing where we probably went wrong was not following the lead of other oil and gas producing countries and establishing a sovereign wealth fund from the profits to give us an income when the oil dollars dry up.