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The lenders will come out alright. Even if the utilities end up being renationalised their debt will be converted into government bonds. The mugs here are the p
by njs12345 3y ago
The lenders will come out alright. Even if the utilities end up being renationalised their debt will be converted into government bonds. The mugs here are the public, which end up paying to service the debt that has been used to issue dividends.