Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Why Union Pacific’s Financials are bad News for Hyperloop?

Hyperloop

Why Union Pacific’s Financials are bad News for Hyperloop?

The financials for railroads like UP and the CSX; which operates historic rail lines on the East Coast, show us why Hyperloop will need your tax dollars. Privately-owned surface transportation companies simply do not generate enough cash to pay for expensive infrastructure like the Hyperloop.

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