Earlier quoted context omitted.
It be worth stealing anywhere, provided you ok (or dont care) with possible consequenses if getting caught. Resale, private usage. Guess the gate is eletricfied, as the bars look easy to get through.
> Guess the gate is eletricfied Yes, but only as long as the battery has power!
Tesla Batteries Are Keeping Zimbabwe’s Economy Running
71–80 of 90 posts
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#72Earlier quoted context omitted.
At $6500 it's over a years worth over a years average salary [using numbeo.com rates] , and more importantly it's useful to anyone else suffering from intermittent electric which they all are.
Stealing is a major problem in telecoms design in Africa - you also get it (cable thefts) in developed countries when the coper price is high.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#73If everyone buys batteries and charges them when the power is on, and uses them the rest of the time, it doesn't save any power, and just costs everyone far more money.
Pretty bad for the economy as a whole.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#74Earlier quoted context omitted.
These mechanisms you mention are all mechanisms that have historically been used, but there is a widespread consensus that it's not the right thing to do. Best practice is that a central bank should be independent of government and their mandate should not be to meddle with the valuation of a country's debt but to keep the value of the currency stable. For example, for the ECB it would be completely impossible to mak…
Of course if you believe anything you just said about the ECB you are really delusional. They are very much dependent on a few European governments (primarily France and Germany), this became readily apparent during the financial crisis of 2008. The Bundesbank president at the time had served in the Kanzleramt before.
The national central banks don't have all that much to say within the ECB system and are basically a historical remnant of a system that has been superseded and made obsolete (like the queen of England).
Personally I don't have a problem with somebody serving in government administration moving on to a role that's independent of government. Not everybody in administration is a political entity, and it is very possible for somebody who had been a political entity to leave politics behind. The same people who like to spin everything into conspiracy were also keen to point out that Mario Draghi had previously been with Goldman Sachs. ...so if it is somebody from public administration, there's a conspiracy theory. If it is somebody from business, there's a conspiracy theory, too. In that case where are these people supposed to come from? In my opinion it's a good thing that people need a proven track record of some kind or another to be eligible for offices like that, you can't just pick them up on the street just because, for political reasons, you require that they should have no past of any kind.
And, finally: European sovereigns weren't particularly in trouble in 2008. It was in 2010 that the crisis had made its way into the accounts of sovereigns, most notably the Greek debt crisis which later expanded into a debt crisis for Portugal, Ireland, Greece, and Spain. During that time, this mechanism was, indeed, a much discussed topic, but precisely in the sense of what I previously wrote: It was a historical precedent for how a sovereign debt crisis plays out when you can't just inflate your way out of it.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#75Power only being turned on a few hours per day is supposed to save power, and act as a form of rationing. If everyone buys batteries and charges them when the power is on, and uses them the rest of the time, it doesn't save any power, and just costs everyone far more money. Pretty bad for the economy as a whole.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#76Tesla batteries being used as a big UPS for mobile base stations. Nice idea for remote stations! Fun fact: from the metal mesh grill (cabinet on the right next to Tesla) looks like it's Ericsson equipment being powered.
And is worth a ton more $ vs the powerwall in a armored cage.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#77Earlier quoted context omitted.
Stealing is a major problem in telecoms design in Africa - you also get it (cable thefts) in developed countries when the coper price is high.
Friend when she was in a poor part of Africa noted that the local cell tower had two armed guards. Her host told that a few years prior they had a single guard. Thieves came and killed him with a chainsaw and stole the generators. So now the guards are armed with machine guns and there are two of them.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#78Earlier quoted context omitted.
And is worth a ton more $ vs the powerwall in a armored cage.
I suspect reselling stolen telecom equipment is a lot harder than reselling (or simply keeping and using) a battery that everyone can use.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#79Interesting fact about Zimbabwe's economy: they had one of the worst hyperinflation stories in human history. Then in 2009 they switched to a mix of foreign currencies (mostly USD). It stopped the crazy inflation, their markets calmed down and started working. This year they switched to their own currency again. 40% inflation already.
Re: Tesla Batteries Are Keeping Zimbabwe’s Economy Running
#80Earlier quoted context omitted.
Why does GP feel need to note that they are a Tesla critic rather than simply praising Zimbabwe's elegant use case? Snarkiness abounds, apparently.
To illustrate that they are overcoming significant bias with the rest of their observation.