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October 7, 2015
4 Hidden Causes of Dam Failures
Historic trends haven’t always been the best predictors of what’s possible in the future. - John France, National Dam Practice Leader with the international firm AECOM and a member of the American Society of Civil Engineers
Yeah, yeah. We're all well aware that past dam performance is not necessarily indicative of future dam returns! The trend is your friend though, right up until the point of catastrophic dam failure, lol. Sigh.
The American Society of Civil Engineers gives the nation’s dams an overall grade of D...
Junk bonds and dams, it's all good until it isn't.
Q1 GDP Tracking: Movin' on Up
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From BofA:
Since our update last week, *1Q GDP tracking is up two-tenths to 2.1% q/q
saar*. [Apr 19th estimate]
emphasis added
From Goldman:
We left ou...
4 hours ago
10 comments:
When a dam fails it doesn't make dams all over the world fail too.
Rob Dawg,
Excellent point!
Hardly any dams are designed to fail.
Civil engineers never make money when their dams fail.
Nobody attempts to bailout a failing dam.
If you are visiting New York soon, I recommend the off-off-broadway musical, Dam Yankees. A story of love, betrayal, and flooding in the Civil War era.
Mr Slippery,
Hahaha!!!
I recommend Dam Nation Alley. "It's more than a movie. An adventure you will never forget."
Dam straight!
Dam? Sell in distress!
DamNation.
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