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.

10 comments:

Rob Dawg said...

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

Stagflationary Mark said...

Rob Dawg,

Excellent point!

Rob Dawg said...

Hardly any dams are designed to fail.

Rob Dawg said...

Civil engineers never make money when their dams fail.

Stagflationary Mark said...

Nobody attempts to bailout a failing dam.

Mr Slippery said...

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.

Stagflationary Mark said...

Mr Slippery,

Hahaha!!!

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

Anonymous said...

Dam straight!

Stagflationary Mark said...

Dam? Sell in distress!

dearieme said...

DamNation.