Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
The problem is when utilities - effectively monopolies do this.

When GM sells you a car nobody forces you to go to official GM technical service for repairs: there's always your local mechanic. Not the same for your cell phone service, gas/electricity provider, phone/cable TV/internet provider, retail bank or health insurance.

The peak-to-trough part of the business cycle is an outlier. Carnot would have died laughing.

by Migeru (migeru at eurotrib dot com) on Sat Aug 15th, 2009 at 11:33:35 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series