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The Danish traders are parasites on the energy infrastructure earning billions in arbitrage fees taking advantage of being the transit of Norwegian and Swedish
by christkv 15d ago
The Danish traders are parasites on the energy infrastructure earning billions in arbitrage fees taking advantage of being the transit of Norwegian and Swedish power exports. All I can see from the EU energy market is an enormous wealth transfer from the users to the middle men. The market does not work unless the goal is to enrich the financial elite.
- boxed 15d agoSpain tried to kick out all the bankers (in this case "the jews"). It was a financial disaster. That you don't understand financial markets doesn't mean the realities of those marks won't hurt you really really badly if you try to adjust it with communist misapprehensions.
- vrganj 14d agoTrying to conflate anticapitalism and antisemitism is intellectually deeply dishonest and indicative of ideological capture. There's a strong tradition of a Jewish Left fwiw.
- boxed 14d agoI'm not the one who conflated it, Spain did, fwiw. The point is that banking is something you remove at your peril.
- Hikikomori 15d agoDanskjävlar
- botprizm 14d agoDe är bittra att de förlorade Skåne
- geon 14d agoTillbaka till r/unket med dig.
- abc123abc123 14d ago”Tack ni svenska vakttorn, med plutonium tvingar vi dansken på knä! Här – Danmark, utskitet av kalk och vatten. Där – Sverige, hugget ur granit. Danskjävlar!”
- samuell 14d agoLet's not make this a Nordic conflict. We, the Nordic countries need to stay brothers and sisters with each other as we have done for centuries (not without sometimes serious squabbles, but still). Not even a European countries conflict. It is the EU as an institution that has started growing and reaching way beyond the will and welfare of the people.
- Hikikomori 14d agoIn jest. But it seems you didn't even read what I responded to? Not to mention Denmark spraying Skåne with poop for a long time. And Sweden did vote yes to these regulations.
- samuell 14d agoI read it, but OK, I misunderstood.
- abc123abc123 14d ago”Tack ni svenska vakttorn, med plutonium tvingar vi dansken på knä! Här – Danmark, utskitet av kalk och vatten. Där – Sverige, hugget ur granit. Danskjävlar!”. From the immortal TV-show Riget!
- gspr 14d agoResource is expensive in location A due to too low supply. Resource is cheap in location B due to higher supply. Moving resource from B to A is non-trivial. Why is it so crazy that the facilitators of getting the resource moved get compensated?
- modo_mario 14d agoBecause those of high supply get barely anything for it and retain their high consumer prices. So if you're a swede you don't want this connection to even exist. The facilitator is not someone in the free market trying to offer the service for a low price either. It's a government essentially forcing profit to be given to a middleman and anther country.
- gspr 14d ago> Because those of high supply get barely anything for it and retain their high consumer prices. So if you're a swede you don't want this connection to even exist. As a Norwegian (very similar situation to the Swedes wrt power export): hard disagree. Most of our electrical power production is publicly owned, so we do indeed get something for the export. More cables, please! > The facilitator is not someone in the free market trying to offer the service for a low price either. It's a government essentially forcing profit to be given to a middleman and anther country. No, it's a mechanism to encourage interconnection.
- modo_mario 14d ago>so we do indeed get something for the export It appears to be higher electricity prices whilst the compensation given doesn't adequately match and goes disproportionally to what's essentially a middleman. Is it then not better for the population to essentially reward it's investment in energy production and keep prices low domestically?
- gspr 14d ago> It appears to be higher electricity prices whilst the compensation given doesn't adequately match and goes disproportionally to what's essentially a middleman. Could you elaborate on this disproportionality? > Is it then not better for the population to essentially reward it's investment in energy production and keep prices low domestically? By the same token, we should stop exporting fish and oil – that'd be sure to lower the price of both commodities domestically.