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Comment Re:3%? Where did you get that from? (Score 3, Interesting) 484

Approximately 96% of "spent" fuel rod is fissile material. The reason it's considered "spent" is mechanics of the process which make it less economic to use at that point.

In much of the world, a mix of anti-nuclear lobby and anti-proliferation lobby declare this 96% spent fuel "waste". In France, they recycle it into fuel.

It's pulled out, enriched back to normal levels and put back into the reactor. Remaining 3-4% are the generated impurities. The portion of this that is "high grade" is actually fairly easy to deal with - you just let it sit and break itself down. The more radioactive it is, the shorter half life it has and the faster it destroys itself. It's the low grade stuff that is problematic, as you can't just wait for it to break itself up, you need to actually store it somewhere. That's what most of the nuclear waste storage brouhaha is about.

Comment Re:Why? (Score 1) 484

I would happily do so if it was present in actually significant amounts. It's a very expensive and very demanded gas that is extremely difficult to produce.

The problem is that your inane hyperbole pretends that amount is significant. It's not. It's spread over huge surface in minute amounts.

Comment Re:In other news... (Score 1) 484

Which ones? Ones coming from Sweden because wind power needs 100% spinning reserve capacity and Swedes now sell hydro power where they let their lakes fill on windy days and drain them on calm ones?

Or ones that are supposed to transfer electricity from German wind farms that will need Poland to build even more coal plants for their spinning reserve because Swedish reserve are already getting taxed by Denmark?

Comment Re:Strange (Score 1) 72

That would be because you cannot use gold as a direct payment currency any more easily than any other trade goods. It's a trade good, and trade for gold would be barter.

You could pay with gold after you denominate it in a currency for its value just like with any similar item (i.e. oil, platinum, diamonds), but that raises all kinds of questions about the denomination, its values, and potential for taxation and regulation.

But the specific tax known as VAT is only added when goods and services are sold to a consumer. That is why VAT typically varies depending on the type of good or service being sold.

Comment Re:Greeks surrender: no restructuring (Score 1) 485

Except that there is no overinvestment boom in Slovakia like there was in Spain and most of the debt they're taking on is because of fraudster states like Greece tanking EU economy.

Suggesting that two completely different states will arrive at exact same problem just because they both had to take debt (for completely different reasons) says a lot about the person suggesting it.

Comment Re:Greeks surrender: no restructuring (Score 1) 485

They had cheap credit forever now. Estonia for example had excellent credit rating for a very long time, and there was a lot of investment.

But personal debt and public debt didn't balloon because it's a different culture with actual concept of responsibility. Only corporate debt grew due to investments, and most of these were on a solid ground with great pay offs, like selling electricity to Finland or dairy to Russia. Even with Russian exports taking a massive hit due to sanction issues, they still managed to keep their debts low.

This has nothing to do with cheap credit and everything to do with culture of being honest and paying taxes versus culture of cheating and never paying taxes. Former can manage even under USSR, or on their own, latter can't manage on their own nor under EU.

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