Well put, EB.I doubt you are much older than me, as I relate...

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Fat Harrys Cat

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23/10/22

18:21

Post #: 64346580
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Originally posted by Eggboy: ↑

Not sure FHC......here in Victoria we are just about to get back into the electricity supply business. When supply of essentials impacts health, wellbeing and the cost of living / way of life - it impacts politics.

We saw what happened politically when Scomo couldn't secure supply of RATs or vaccines....I think Governments are waking up to the fact that not securing your own sovereign capability is potentially a politicial fault line for them, while suring up sovereign capability not only eliminates some potential supply risks, and therefore some political risks, but provides jobs, and minimises shocks to way of life.

Markets seem to work well when things are pretty stable, let's face it markets are pretty one dimensional....not so great when things are multi dimensional and pretty volatile.... and volatility is appearing to become the new normal.

Who would have ever thought!!!

That last comment is just me showing my age and my colours. ......when countries like ours used to run stuff and make stuff, so we could ensure we had most stuff when we needed it!!!.

EB

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Well put, EB.
I doubt you are much older than me, as I relate very well to your final paragraph.

As for the recent announcements by the Victorian Govt …all well and good but essential services are hardly the domain of Anteo. More the pity…

ADO Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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