Originally Posted by
FR9999
Shortsightedness is something hard to overcome.
However if you can avoid paying £600 million pounds for repatriation, minimize tax revenue loss and avoid millions of benefit payouts by lending a £150 million pounds, then that makes more sense then just simply stick to capitalistic principles. Don’t forget, private investors and banks had already a billion pounds in place....
One might equally ask if private investors and banks had already a billion pounds in place, why was an extra £150 million too much for them?