Schlagwort-Archive: economic reasoning

If you like money burnt

then I just have on advice to you. Ask for more political intervention. The examples on how efficiently money can be burned are legion.
Let’s see the biggest burning places for money in Germany.
1) budget for “social issues”
2) subsedies (well in EU land you get subsedies for nearly everything, so getting money is just knowing how to feed the bureaucrats with
proposals and you get such strange things like subsedies for ski lifts in Denmark (a country well known for it’s flatness)
3) EEG (this is a law which enforces the corporations which produce energy to buy currency from photovoltaics or other regenerataive sources, currently the price is around 10 ct /KWH but the companies have to pay astonishing 46,75 cents for energy feed in by PVS dating back to 2008. So the extra stuff are costs to be beared by every single consumer of currency. The last calculations tell that every work place in the PVS industry is subsedied with arounc 150 000 EUR. Which well is quite beyond every reason. However our politicians (sorry delebets) love this and sell it as a success story. Well yes it’s a success story of hybirs of them, but you know as much as me, that they live in an ivory tower. And nothing related to reality can touch them….
4) building oh, yes that are really nice burning places. One of the last most infamous examples Stuttgart 21 (a while railway station should be placed underground, you might thin oh fine let the DB do it. Where are you living. The DB is mostly governement contrrolled and one can not sink too much money in supporting this “clean” alternative. And so the costs have rissen from an initial 2.1 Billion! proposal to around 4.1 Billion in 2008 (which is the “last” barrier which allowed them to sign for starting the build) to estimats well beyond 10 Billions rumoured these days. (Last “serious” estimate was around 6.8 Billion.) So let’s see that nealy 5 times the initial “proposal” this was done around 15 years or so ago.
So the “inflation rate” is roughly 12,5 %. That is roughly 4 times as high as the “official” inflation rate.

Let as assume they really made it till 2019. Let us assume the inflation rate would stay at 12.5 %. Then the end price would be
(assumng 7 Bio as “middle estimate” ) 7 * 1.12 5** 9 = 20.20 billions.

The studies done by DB itself state that the build makes economic sense up to the price of roughly 4.8 billions.
“Für die Deutsche Bahn sei das Projekt bis zu Gesamtkosten von 4769 Mio. Euro wirtschaftlich.” (see: http://de.wikipedia.org/wiki/Stuttgart_21#Kostensch.C3.A4tzung_von_Dezember_2009) If you can read German just see the conditions for them beeing “economical sound”. If you do not care here’s but one figure for it: 1.3 Billons that’s the “costs” for the DB. Well I bet all the other costs have to be beared by evry single tax payer. Now tell me about a nice warm fire place. Get near our governement and you never will freeze again, you may get burned but well the wounds will be paid of by tax payers also eventuallly.

Sorry delebts is a weak name for such terrorists….

Things I simply do not understand

Well here in Germany there are currently 2 big themes.
a) the longer running nuclear power plants
b) the building of Stuttgart 21 (a new railway station in Stuttgart with new high-speed connections etc pp)

This things seem to be unrelated (and maybe they are) but there are connections between them.

At first both seem to ignore technical sound decisions. Either the plants are safe than, they there is not technical reason to shut them down. Or they are not
safe than the must be shut down. Now Stuttgart should get an underground railway station. Well I can not decide if this is sound or not. However currently they have let’s say aroun 21 rails.
And the railsway station is a dead end. So the trains have to run in and run out in the same direction. Such railway stations have a long history. E.g all the railway stations in Paris are of the that kind.
And they do not bother to change that. We have other stations here in Germany which are of the same kind too, it’s not discussed to change that. So make up your own mind about it..

Now let’s see the economical facts.
1) without regards to the nuclear wastes, nuclear power plants are extremly powerful and I bet not many other things can produce currency that cheap. But what if you take into account all the troubles with the nuclear waste. I see there money sums one hardly can “ignore” Just imagine if Josef has saved 1 EUR 2000 years ago. And (not taken taxes into consideration) and just a interest rate of 2 %.
Jesus now has a fortune of 1 * 1.02 ** 2000 = 1.586147e+17 = 158 614 700 000 000 000 EUR to his disposal. As we know he lives forever….

2) Stuttgart 21 was initially calculated with 1994 around 2.5 billion EUR currently they are talking about roughly 6.4 Billion Euro based on prices of 2008 (see e.g. http://www.kopfbahnhof-21.de/index.php?id=317) that’s nearly a trippled price. The currently political “covered” price is 4.1 Billion. Again I ask yo to make your own mind about it.

So for me the economical facts are clear. Nuclear power plants are unpayable if we take the problematic of the nuclear wast into our considerations. Anyway without that they are “cheap” and well now the politicians want to tax them not just one time but a few times. So in fact they do not care the least about the costs of it in 20 or so years. They grab all the money now and deferr the costs to the next generations. In fact politics are unsustainable. And the arguments are again another hit on your head with a hammer. It’s because of the “global warming”. Global warming is another argument they use to extend their power base. The facts are not that clear and that it’s mean-grown is at least arguable. Even if the Alarmists have done everything to make it look like the “end-of-the-world”. I propose one checks the mid-age climate optimum or how it is names. We are probably not even sure about this times, but we know for sure that warmer weather is the end-of-it-all theses days?

Both Events have another thin in common. It’s “We are right, whatever the price”….. And well we know how badly wrong politicians usually are. In Germany 1.7 Billion speak against “getting” it right. The big financial crises, is 100% political infliced. But hey there’s always a cure to too much politics, it’s more politics.

I hope one day we get rid of this Bastards….