Remix.run Logo
christkv 12 hours 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.

gspr 11 hours ago | parent | next [-]

Resource 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 9 hours ago | parent [-]

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.

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 9 hours ago | parent [-]

> 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.

Hikikomori 12 hours ago | parent | prev | next [-]

Danskjävlar

samuell 10 hours ago | parent | next [-]

Let'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 10 hours ago | parent [-]

In 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 9 hours ago | parent [-]

I read it, but OK, I misunderstood.

abc123abc123 10 hours ago | parent | prev | next [-]

”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!

botprizm 11 hours ago | parent | prev [-]

De är bittra att de förlorade Skåne

geon 10 hours ago | parent [-]

Tillbaka till r/unket med dig.

abc123abc123 10 hours ago | parent [-]

”Tack ni svenska vakttorn, med plutonium tvingar vi dansken på knä! Här – Danmark, utskitet av kalk och vatten. Där – Sverige, hugget ur granit. Danskjävlar!”

boxed 12 hours ago | parent | prev [-]

Spain 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 11 hours ago | parent [-]

Trying 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 11 hours ago | parent [-]

I'm not the one who conflated it, Spain did, fwiw.

The point is that banking is something you remove at your peril.