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German travel chaos blamed on lack of investment in railways
(www.theguardian.com)
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It's because after privatization the DB (Deutsche Bahn) figured out that neglecting their infrastructure until it causes a crisis, causing the government to step in and pay for repairs is much cheaper (for them) than maintaining it properly in the first place.
Seriously, fuck the DB.
Fuck the idiots that had the idea that the DB should be run like a private profitoriented company. Nurture, embrace, rebuild and improve the DB.
But the first few people that could say that their quaterly numbers were so much better argued that their quaterly numbers were so much better! How could you argue with capitalism?