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Old August 29th 03, 03:50 PM
Jan C. Vorbrüggen
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Default Past Perfect, Future Misleading

Find a solid gold asteroid...then you'll have the killer app. Space
transportation would leap a century into the future.


By the time you get to it you'll haveve spent a good portion of it.

By the time you haul back a few thousand tons to Earth and safely
land it you'll have spent most of the rest of it.

By the time you get paid for the gold you brought back word of the
gold's arrival will have flattened the gold market... and you'll be
broke.


ISTR somebody mentioning a paper, about three or so years back, that took
these effects into account, and concluded that such an enterprise would
still be profitable under reasonable assumption (even about the cost of
getting to the asteroid etc.) Henry?

Jan