Not in the slightest.
Me to. I actually feel dirty agreeing with him, but yep, let it go to the wall. An example should be made, although I'll be very surprised if it is allowed to fail, and fully expect us all to just pick up the bill.
well you know what they say about broken clocks......... I dont disagree with him either for the most part.
Maybe he forgot to invest in it and wants to pick it up for 50p himself...I am heartily sick of the state of this country now. I'm like one of those old farts that says things were better in the past, but they really were before the rot set in.
He's probably earning from the collapse somehow.
Except that the rot of underfunding and underinvestment was there long before privatisation... Things most certainly were not better!
I don’t remember the state run water boards putting 57bn that could have been invested in the network into the pockets of private investors, maybe I was to young to benefit from that hand out!
Not at all, but it might solve the issue of where the money can be found for necessary investment if the water companies aren’t paying 10% interest coupons to Cayman.
I shouldn't laugh as I'm dependent on them but watching this whole debacle unfold is literally the entire reason I've not trusted these companies ever. People say I'm far too cynical, well, this is why
Given it's JRM, i wouldn't be surprised if there ulterior motive behind what he says; similar to what @Uther says, perhaps he and/or his hedge fund buddies want in in some way...
