12/27/12

Infrastructures

I checked how long would it take to go from Akron to Washington by train. Then rent a car and go to my boat in Annapolis. (The train actually stops in Alliance, OH at 2:00 am).

It takes me 5 hours and 45 minutes to get there by car - about 400 miles.

By train it would take me about 10 hours and 33 minutes to cover 400 miles. It should take 4 hours!

Now, how can the wealthiest and most powerful nation in the world live with this kind of inefficiency? Instead we spend money on freeways and cars.

PS. China’s infrastructure development hit another milestone on Wednesday with the full opening of the world’s longest high speed rail line (see above picture)(Source: FT).

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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