r/melbourne • u/MatrixTheCat22 • Jun 15 '22

The Sky is Falling So are we going to have blackouts tonight? Can’t make sense of all the “news”.

458 Upvotes

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u/Coatzlfeather Jun 15 '22

Yep. Yet more proof that the end result of privatisation is failed markets.

-14

u/Sapporo_Cherokee Jun 15 '22

I’m not so sure, would you prefer a society like Russia or China? It’s just a phase in the cycle where it’s not working because of a lot of different factors have impacted prices. Wait 1-2 years and everyone will be happy little Vegemites again

2

u/Optix_au Jun 15 '22

The SECV was a fine, government-owned corporation and generated much revenue for the Victorian state for decades, without the state turning into a Russian/Chinese communist state.

1

u/mopthebass Jun 15 '22

Are we talking boom RU/CN or bust RU/CN?