Sunday, October 11, 2015

Thoughts on the Dam Prosperity

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.
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10 comments:

  1. Rob DawgOctober 11, 2015 at 6:45 PM

    When a dam fails it doesn't make dams all over the world fail too.

    ReplyDelete
  2. Stagflationary MarkOctober 11, 2015 at 7:29 PM

    Rob Dawg,

    Excellent point!

    ReplyDelete
  3. Rob DawgOctober 11, 2015 at 7:32 PM

    Hardly any dams are designed to fail.

    ReplyDelete
  4. Rob DawgOctober 11, 2015 at 7:59 PM

    Civil engineers never make money when their dams fail.

    ReplyDelete
  5. Stagflationary MarkOctober 11, 2015 at 8:30 PM

    Nobody attempts to bailout a failing dam.

    ReplyDelete
  6. Mr SlipperyOctober 12, 2015 at 8:28 AM

    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.

    ReplyDelete
  7. Stagflationary MarkOctober 12, 2015 at 9:38 AM

    Mr Slippery,

    Hahaha!!!

    I recommend Dam Nation Alley. "It's more than a movie. An adventure you will never forget."

    ReplyDelete
  8. AnonymousOctober 12, 2015 at 2:11 PM

    Dam straight!

    ReplyDelete
  9. Stagflationary MarkOctober 12, 2015 at 3:59 PM

    Dam? Sell in distress!

    ReplyDelete
  10. deariemeOctober 12, 2015 at 4:00 PM

    DamNation.

    ReplyDelete