European Tribune - Comments - Post Peak Iberia

Post Peak Iberia | 89 comments (89 topical, 0 editorial, 0 hidden)

To me, it's a situation analagous to the fishing industry. The independent hauliers have capital sunk into a business that just isn't viable any more, is in all our interests to reduce, and they deserve a fair subsidy to get out of it.

You're so right.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Wed Jun 11th, 2008 at 01:32:33 PM EST
[ Parent ]

Re: Political theater (none / 1)

A fair subsidy to get out of it, but not to continue in it (by subsidizing costs in some way). I am afraid that government intervention will be in the direction of maintaining the activity and not phasing it out.

We are choosing the path of most (long term) pain...

by t-------------- on Thu Jun 12th, 2008 at 10:42:07 AM EST
[ Parent ]

Post Peak Iberia | 89 comments (89 topical, 0 editorial, 0 hidden)

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