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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: Elroy Jetson who wrote (975)8/21/2018 1:50:48 AM
From: elmatador  Read Replies (1) of 13803
 
Comparisons are to be done between EU countries or OECD countries, i.e, countries with similar level of development.

Why do I look at that? If we are going to build automated traffic, electric driverless cars and all the technical Nirvana we read about, we need the infrastructure underlying that in place.

It is not the case that infrastructure is not there. (Germans always raise the problem before it gets real critical) The shape is not good as compared with the quality of late 80s and 90s when I used to go there frequently. And in 20 years will be worse than that is if countries do not invest.

Then I look to where the money has gone? They are rich countries. German money went to renewables. Renewables mean high electricity costs. If electricity is moving to renewables it would more expensive than conventional electricity.
How can the electric cars take the roads by storm as we are reading?

An EU comparison
The European Commission's Mobility and Transport division measures the quality of various types of infrastructure across the EU. From 2013 to 2017, Germany's road quality remained in 6th place. During the same time Italy improved and moved from 20th place up to 17th place. According to the report, the Netherlands, France, Portugal and Denmark have the best roads in Europe.
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