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Pure Capitalism Winning In The Netherlands

by Oui Wed Oct 13th, 2021 at 05:23:10 PM EST

In 25 years more poverty has stricken and children with no breakfast send to school.

Children in poverty in the Netherlands


Poor kids face disadvantages from birth, new research finds

Children who grow up poor fall behind their richer peers early in life, according to new research from the Erasmus School of Economics,
reported
in the Dutch News.

A study of 153,000 children from ages zero to 14 years found that the children of richer parents do better across the board, in terms of health, behavioural issues and education.

Causes The stress of poverty also plays a big role. Cheap food is often less nutritionally dense, which can lead to health problems. And parents who are working long hours may have less time and energy to take their children to the park to play or to talk to them, the researchers say. Poverty itself can lead to people having lower IQs. Other research has shown that when people are no longer poor, they score better on cognitive intelligence tests.

England and disgrace of Brexit hitting home ... yet the Remainers and Leavers are steadfast in a divided nation ...

Winter of Discontent of 1978 Brought Margaret Thatcher

Some of the things I've seen on television, read in the newspapers, and heard directly from you in factories and shopping centres make me wonder what has happened to our sense of common nationhood and even of common humanity.

We've seen strikes called before agreements have ended. We've seen them used as a weapon of first resort, not as the last step after everything else has failed. We've seen industrial action directed straight at the public to make you suffer--directed even at the sick and disabled. That sort of action damages the reputation of all trade unionists. Most of whom don't agree with it. [end p1]

We've seen picketing that threatens to bring the country to its knees--emptying our shops, endangering our farms, closing our factories, taking our jobs. Picketing was meant to be about `peaceful persuasion' at the scene of the dispute. The result of recent legislation and practice is that today almost any determined group can strangle the country.

The ECB is at the root of the Dutch affordable housing shortage

The core of the Dutch housing problem is due to the policies of the European Central Bank. For more than eight years now, the ECB has been trying – in vain – to achieve a certain level of inflation, through large-scale buybacks of government bonds combined with keeping interest rates low for an extended period of time. Peter Hein van Mulligen, the chief economist of  the Dutch government’s statistical office CBS, recently demonstrated that the main cause of the high house prices in the Netherlands is not so much a shortage of housing, but the persistently low interest rates.

Urban property: prices, ownership and occupancy

In July 2018, in a joint statement to the United Nations, the cities of Amsterdam, Barcelona, London, Montreal, Montevideo, New York and Paris declared that citizens’ rights to affordable housing are being jeopardised following the growing influence of speculators, investors and mass tourism on urban property markets. 

The expanding role of financial actors on the housing market is referred to as the financialisation of housing. Although this development is not univocally considered problematic, significant concerns have been raised about its effects on affordability, accountability and liveability.

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by Oui on Thu Oct 14th, 2021 at 09:39:49 AM EST
by Oui on Thu Oct 14th, 2021 at 09:41:21 AM EST
Most cities with an university are doing quite well: Amsterdam, Leiden, Rotterdam. Utrecht, Groningen, Enschede, Eindhoven, and Maastricht.

The crossroads between science and business

TU/e Campus houses over a hundred technological knowledge institutes and high tech companies, varying from renowned multinationals like Philips, NXP and General Electric to innovative SME's and cutting-edge start-ups and spin-offs with a focus on Smart Mobility, Energy and Health. Don't forget ASML, getting a boost from George Bush when he signed off on selling military component of SVG lithography to the Dutch and PM Balkenende. His best deal ever ...

    The market reacted as though the ASML-SVG deal hit a snag in Washington. On Monday, ASML's shares fell $1.27 per share to $26.29, while SVG dropped $3.44 to $29.56.

    Fearing that the Bush administration will not reach a consensus in the ASML-SVG merger by the midnight deadline, institutional investors yesterday appeared to be selling off their shares in the two lithography companies-and quickly, according to sources in the industry.

Eindhoven High Tech Campus sold to Singapore State, not U.S. investor: report

by Oui on Thu Oct 14th, 2021 at 10:21:40 AM EST

KPMG cracks down on Dutch corona policy: 'Often too optimistic scenario'

The Dutch approach to the corona crisis has fallen seriously short in several areas. Cabinet policy was at odds with (international) advice, communication was poor and cooperation left much to be desired. This is the conclusion of the KPMG consultancy in a report published today. `The optimistic scenario is often chosen'.

In the report 'These are the lessons of 1.5 years of the corona crisis' KPMG analyzed the Dutch corona policy between March 2020, at the start of the pandemic, and July 2021.

According to KPMG, a lot went wrong in executing the vaccination strategy. "The partial deviation from the vaccination strategy drawn up by the Health Council may have led to health damage and unnecessarily long extra pressure on hospitals," the researchers write. After lobbying by the hospitals, the cabinet deviated slightly by giving priority to healthcare personnel.

The Dutch strategy was mainly based on the number of corona patients in hospitals and not on the number of infections, the researchers conclude. As a result, interventions were often taken too late and there were relatively more deaths in the Netherlands than in Scandinavian countries such as Norway, Denmark and Finland, where decisions were taken more quickly lockdown, border controls and quarantine rules. Compared to these countries, `it appears that the Netherlands has been significantly less able to manage the pandemic in terms of both economic growth and excess mortality', the researchers say.

....
Group immunity

But KPMG is looking back. According to the researchers, the cabinet took measures at crucial moments that were at odds with the scientific insights in force at the time. For example, `The Hague' opted for herd immunity and a limited testing policy, while the advice of the World Health Organization (WHO) was to contain and do a lot of testing.

The Netherlands was initially reluctant with the test policy © ANP

No surprise to me whatsoever, have been very critical from the start: Trump-Johnson-Rutte not listening to science and basic international experience. Calling it an "intelligent lockdown" from superior PR advisers. What a farce, costing thousands of lives and needless suffering.

Outbreak -- Herd Immunity Is Damning!

by Oui on Thu Oct 14th, 2021 at 11:11:27 AM EST
The introduction of quality regulation of electricity distribution in The Netherlands

Since July 1, 2004, the Dutch energy market has been fully liberalized, three years before the final date set by the European directives. Dutch law requires legal unbundling between a network operator and other entities in a holding and specifies a system of regulated third-party access to the networks. An integrated system of price-quality regulation for electricity distribution was enacted in 2004. DTe applies the legal provisions in the Dutch Electricity and Gas Acts and supervises compliance with these acts.

In 2004, total turnover of energy companies in the Netherlands was 27.6 billion euros.  About 7.5 and 6.8 million customers are connected to the electricity and gas networks, respectively, meaning virtually all buildings in the Netherlands are connected. For gas, this means the Netherlands has the highest connection density in the EU. Over these networks, 106.5 billion kWh of electricity and 47.9 billion m3 of gas are transported annually. Fifteen per cent of the electricity is imported, whereas 41% of the gas produced in the Netherlands is exported. With the Groningen field, the Netherlands possesses one of the largest producing natural gas fields in the world. Since most power plants in the Netherlands are gas-fired, there are strong links between the functioning of the gas and electricity markets.

Four players produce the vast majority of electricity in the Netherlands: Essent, Electrabel, Nuon and E.on, two of which are foreign-owned. Transmission is secured by the national electricity TSO TenneT, after which electricity is distributed over networks of 150 kV and below by 10 regional network operators. The three major electricity distribution network operators Essent, Continuon and Eneco cover more than 90% of the market. Around 35 licensed supply companies deliver electricity to end consumers over these networks.

Number of energy suppliers in the Netherlands quadrupled since liberalisation | Dutch News - July 19, 2018 |

Comparing energy prices and deals is definitely worthwhile, according to an analysis by the Dutch Consumer and Markets Authority (ACM). It recently pointed out that households can save up to €391 a year by switching energy supplier.  Consumers with a variable rate tariff in particular can save a significant amount on their energy bill.

These customers, similar to the EU as a whole, are paying dearly for not having a long-term contract at a fixed tariff. Small households see their monthly cost double! No "regulator" in The Netherlands for consumer protection. Small energy providers just basically shredded the contracts with clients for a fixed rate and tell them the rates are variable from today going forward. Just like a casino, the bank holds all the chips. You lose.

Gas prices soar as fears mount about the supply for the coming winter

Damage control

Researchers with The Hague Centre for Strategic Studies said that there is little the government can do at the moment apart from exercise damage control. `In the short term, much will depend on the severity of the coming winter (not only in Europe but also in Asia), Russia's willingness to export more gas and the extent to which gas demand goes down at extremely high prices,' the researchers said.

Bills

In the meantime, France has frozen gas prices and Spain has slashed value added tax on energy bills. In the Netherlands, the caretaker government has set aside €500m to offset the price increases but, the FD said, this will only amount to small cut in energy bills which could be hundreds of euros a year more expensive.

Earlier posts ...

Putin and Gazprom Contracts

by Oui on Thu Oct 14th, 2021 at 12:07:36 PM EST
by Oui on Thu Oct 14th, 2021 at 12:09:10 PM EST
[ Parent ]

Back to square one: how D66 (Sigrid Kaag) squandered its electoral advantage

by Oui on Fri Oct 15th, 2021 at 06:58:45 PM EST


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