|
|
|
|
|
by mschuster91
1048 days ago
|
|
I don't know why your comment was marked as dead, vouched it as you make a good point. The thing is, debt isn't bad per se - having a strong rail network can actually enable far far bigger returns. The US is the perfect example actually... railroads were what enabled "going west" from the East Coast where the European settlers landed. If you have a strong rail network, you can move a ton of goods (or people) with barely any emissions, leagues better than airplanes, cars and trucks - only ships have a better efficiency in fuel consumption/CO2 emissions per passenger/ton kilometer. And rail infrastructure can hold up insanely long... here in Germany we're still using signalling systems and rails literally built way before Hitler, before the first German democratic government, back when we still had a Kaiser. Spread the 900 billion debt over 100 years lifetime and whoops, pretty cheap, isn't it? |
|