Britain’s Halliburton goes bankrupt

Still think privatization of government functions is a good thing?

 

I don't see the Halliburton tie-in. Do they own it?

 

The company in question, Carillion, is the equivalent of what Halliburton is in the U.S., a massively favored government contractor.

 

Meh, just poorly managed and overextended. They bought too many other companies and didn't have enough in the bank for contingencies.

 

Ah.

That's not how I read the thread title.

 

This is one of those things that you can use to hang whatever pet theory you want on it. House prices in London dropped by 4.7 percent in 2017 and while they were absurdly high, Carillion might be the canary in the coalmine for the economy.