Re: Financial topics
Posted: Fri Feb 19, 2016 1:29 pm
http://www.newyorker.com/magazine/2014/ ... n-a-bottle
1. The multinational bookkeeping for the project is so complex it has its own currency, the ITER Unit of Account.
2. Each member country is supposed to contribute some proportional number of billions of dollars, but things are so complex that there are other billions floating around and nobody knows where they came from.
3. Despite all this complexity, there is no actual machinery on the site yet -- just some concrete foundations. (Check it out on Google Maps.)
4. The entire purpose of the thing is about the promise of the "sun in a bottle", cheap energy for everyone, but the project has been scaled back due to its immense cost overruns and, if successful, it will only produce marginally more energy than it takes in.
This is almost certainly one of the most complex things human beings have ever tried to make. But it will not, itself, function as a power plant. It will merely lay the groundwork for even more complex power plants to be built at some indefinite point in the future, as the political situation grows less stable with every year.
If you consider the Babel tower you may begin to see.
Prof. Arysio Santos found the results long ago we consider.
1. The multinational bookkeeping for the project is so complex it has its own currency, the ITER Unit of Account.
2. Each member country is supposed to contribute some proportional number of billions of dollars, but things are so complex that there are other billions floating around and nobody knows where they came from.
3. Despite all this complexity, there is no actual machinery on the site yet -- just some concrete foundations. (Check it out on Google Maps.)
4. The entire purpose of the thing is about the promise of the "sun in a bottle", cheap energy for everyone, but the project has been scaled back due to its immense cost overruns and, if successful, it will only produce marginally more energy than it takes in.
This is almost certainly one of the most complex things human beings have ever tried to make. But it will not, itself, function as a power plant. It will merely lay the groundwork for even more complex power plants to be built at some indefinite point in the future, as the political situation grows less stable with every year.
If you consider the Babel tower you may begin to see.
Prof. Arysio Santos found the results long ago we consider.