Subject:
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Re: A hypothetical economics question...
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Thu, 28 Feb 2002 01:36:28 GMT
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Viewed:
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284 times
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In lugnet.off-topic.debate, Pedro Silva writes:
> I believe he's referring to railroads and such. Roads are funded a bit
> differently, but may use loans.
> Phone lines, gas pipes, electric plants and transport lines... they are all
> usually funded with loans - it is unfrequent one or ones have the money to
> build such works paying up front.
Eh? These are usually public projects, how is it that there is not enough
money collected from taxes to accomplish these things? Don't even get me
started on how Californians have already paid for their power plants.
Anyway, it's the interest captilized on the original debts that proves
difficult to pay off -- ultimately we are talking about usury, and not just
debt exclusively. Paying X to settle for X on loan is not really the issue,
not at all. Something for something does not create arguments. Something
for something (x 4) can be the source of a dispute; and that's probably as
it should be.
-- Hop-Frog
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Message has 1 Reply:
 | | Re: A hypothetical economics question...
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| (...) These *were* usually public projects. The present trend is to make everything dependant on private initiative, with State subsidies according to the strategic interest. At least it is happening in my country: the state wants to establish a (...) (22 years ago, 28-Feb-02, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: A hypothetical economics question...
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| (...) I believe he's referring to railroads and such. Roads are funded a bit differently, but may use loans. Phone lines, gas pipes, electric plants and transport lines... they are all usually funded with loans - it is unfrequent one or ones have (...) (22 years ago, 28-Feb-02, to lugnet.off-topic.debate)
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