... make ships and tanks out of papier mache and ... capitalization of banks.
Well, what can I say ...
British Steel will consult on the closure of its two blast furnaces, steelmaking operations and a reduction of steel rolling mill capacity in Scunthorpe. British Steel will consult on the closure of its two blast furnaces, steelmaking operations and a reduction of steel rolling mill capacity in Scunthorpe. Since 2020 the shareholder of British Steel, Jingye, has invested more than £1.2bn to maintain operations amid ongoing production instability and significant financial losses of around £700k a day.
Sic Transit Gloria Mundi.