IDSA has a piece out on ISRO's recent PSLV-C16 launch, and comments on the challenges and problems facing ISRO in addition to its successes. They also propose some solutions.
During February’s annual migration, officials noticed that the high-speed trains were largely empty. But the slow trains on those lines have been taken out of use, giving people few choices. As a result, the highways were clogged and more people rode long-distance buses.
"In China, we will have a debt crisis — a high-speed rail debt crisis. I think it is more serious than your subprime mortgage crisis. You can always leave a house or use it. The rail system is there. It’s a burden. You must operate the rail system, and when you operate it, the cost is very high."
3 comments:
Top India analyst criticises MMRCA decision
Arguing that neither the Eurofighter nor the Rafale had an AESA radar.....
Well, Dassault Rafale does have AESA, not sure if India is getting them...... Here is a nice pic.
Are China’s high-speed trains heading off the rails?
During February’s annual migration, officials noticed that the high-speed trains were largely empty. But the slow trains on those lines have been taken out of use, giving people few choices. As a result, the highways were clogged and more people rode long-distance buses.
"In China, we will have a debt crisis — a high-speed rail debt crisis. I think it is more serious than your subprime mortgage crisis. You can always leave a house or use it. The rail system is there. It’s a burden. You must operate the rail system, and when you operate it, the cost is very high."
OT:
Keynes vs. Hayek Round II
http://www.freakonomics.com/2011/04/29/keynes-vs-hayek-round-2/
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