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View Diary: Open thread for night owls: Floating Japanese L-Zero magnetic levitation test train hits 310 mph (127 comments)

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  •  But In Shanghai (0+ / 0-)

    I'd like to see whether the same project in Shanghai is a boondoggle, since it's already in operation.

    Also, that article you cited was from 2008, when Munich shelved the project as too expensive. But the limit was because it exceeded the public subsidy available, which was "only" about a $billion. The projects we're talking about are dozens of $billions.

    I'm not so sure these Maglev projects, years later in a different global economy, at very different scales, in very different countries, are at all comparable to the Munich one that aborted. Which wouldn't mean these aren't boondoggles, just that the Munich yardstick doesn't seem to measure these others very accurately.

    "When the going gets weird, the weird turn pro." - HST

    by DocGonzo on Fri Sep 06, 2013 at 11:51:24 AM PDT

    [ Parent ]

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