#9492327, By Trowel RIP Margaret Thatcher

  • Trowel 8 Apr 2013 19:26:00 19,915 posts
    Seen 36 minutes ago
    Registered 13 years ago
    Aargh. wrote:
    Why has the mining industry of wales not reemerged if it was such a viable business? There's nothing stopping private companies taking it over.

    Seems to imply that it would be very expensive to do and would have cost the taxpayers more to keep subsidising it.
    The slate industry underwent a near identical boom-recession-strike-bust industry pattern. Almost as though on a macro level there were advances in technology rendering older resources redundant.
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