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Gents,
If I remember correctly, it was during the Thatcher governement that the British government took a "bung" to stop building ships in the UK and to eliminate any subsidies, even though France, Germany and Italy continued with subsidized building.
It is important to remember that governments do not run companies to make a profit (nationalized industries). It is only the dedicated capitalists/industrialists who can do that and, if it doesn't work, cut their losses.
Rgds.
Dave
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