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Buy railways shares
Sunday, April 20th, 2008
Energy is getting more expensive, so it will become more expensive to transport goods. Hence we must soon look for more efficient ways to transport goods.
Most Westernised countries have reasonably developed public transport and railway systems, these have generally not being massively developed or maintained in the recent years. I predicted that we soon see massive development in the rail systems of the “first” world.
The facts are simple:
- the infrastructure build costs have already been spent
- we need more means of transport
- we need more efficient means of transport
Doug a train spotter
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Having travelled for several years, just like your good self, I’ve been on a few foreign trains and you have to admit the uk rail system is pretty crap service wise.
Holland has double deckers that are super clean, cheap and run on time, as does most of europe, technology wise china has the maglev 270mph train that’s as smooth as 80 mph! it’s like a low level fighter jet mission http://www.associatedcontent.com/video/28495/shanghai_maglev_train_ride_270_mph.html yet here we are, still struggling to even get from A to B if it snows, rains hard or is leafy, in fact when you think about it only some of the Asian places have trains and systems that are in worse condition…. to say we invented rail travel we have been left behind by most of the world since then
But yup I agree that the facts are clear, we need a way to travel more efficiently, fossil fuels are not going to last for much longer and when they run short it’s affect the world massively and it may be closer than you think i.e ” Research presented this weekend at the University of Uppstala in Sweden claims that oil supplies will peak soon after 2010, and gas supplies not long afterwards, making the price of petrol and other fuels rocket, with potentially disasterous economic consequences unless people have moved to alternatives to fossil fuels.”
A better train system is one solution, we could build new ones down redundant motorways lol, although I’m sure electric cars will be more prolific by then although only good for shorter journeys initially.
I’d say buy petrol shares first once the supply begins to slow, prices will rise like a rocket, although you better bail out before the end and buy rail shares then :)
You may an astute observation and may be worth a punt on railway shares.
However, I see two or three potential pitfalls:
- it’s a very difficult task to get most people out of the comfort of their cars and using trains
- the infrastructure and maintenance costs can be massive in this country. I am always amazed at how many hundreds of millions a railway line upgrade can cost – and even then it’s often a shoddy job. Those engineering and maintenance companies are getting paid WAAAY to much.
- when I become PM, I am going to nationalise the railways
Keep up the good work on your blog Doug the train spotter.