That’s the gist of what Ritchie is saying here.
The FT’s noted this morning:
Qatar has begun talks with the UK government to invest up to £10bn from the gas-rich Middle Eastern state into key infrastructure projects in Britain.
Three thoughts. First, how come Qatar can do this and we can’t do the same? Our contribution to a state funded bank for this work is pathetic.
Second, why don’t we use QE for this instead?
Third, is this actually part of the deliberate plan to sell the state?
It’s an odd position to take really, isn’t it? Johnny Foreigner risks his hard earned capital so that we can live amongst an improved infrastructure. And this is bad because?