Re:Investing Returns on the S&P500
by nerfhammer on Wednesday June 29, 2016 @03:01PM
(#12003826)
Tangent, but the US freight rail networks are much better than Europe. US is good at freight rail and bad at passenger service, Europe is vice versa.
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Actually, I find Europe's passenger service uninspiring compared to Japan or especially Taiwan.
Re:Investing Returns on the S&P500
by reddytowns on Wednesday June 29, 2016 @06:04PM
(#12005159)
Taiwan's trains are subsidized
So are Japan's. The idea isn't to get a profit off of tickets vs operating costs. The idea is to improve the efficiency of the country and economy. It's an investment.
If the US had a similar political climate the east coast would already have high speed rail from New York to Miami.
Re:Investing Returns on the S&P500
by nerfhammer on Wednesday June 29, 2016 @08:44PM
(#12005901)
Rail needs to be profitable, but roads certainly don't. For some reason.
Re:Investing Returns on the S&P500
by reddytowns on Wednesday June 29, 2016 @11:29PM
(#12006384)
Japan has a very low subsidy and most of its railways are private and receive none.
I think that Japan's population density and relatively small size makes it much easier to make money on railways.