In , "conklin" <   
   ilknocgeo@earthlink.net> writes:   
   >The January10-61 issue of The Economist argues that HSR passenger rates are   
   >growing in Europe mostly by taking passengers from slower rail.   
   >Passenger-kilometer travelled were 6.4% in 2011.  Cars share is at 72.5%.   
   >buses (coaches) lost 1% at 8.2%.  Airtravel agined a point to 8.9%.  Cars   
   >wre 72.5%.  In France rvenues and profit margins have fallen from their   
   >peaks.  On some routes (Spain mentioned) there are many empty seats.  Check   
   >it out.  Page 57.   
   >   
   >   
   I suspect that the Spanish Government debt arose from over investing in HSR and   
   solar power projects which failed to produce enough revenue to repay the money   
   borrowed to fund them.   
      
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