1 post tagged “wasted money”

So we all know that about the current financial crisis that the world is currently going through, well I assume if you are using the internet you have, I think it would be hard not to know about it. Okay anyway where I live, Queensland, they are building tunnels under the Brisbane.
On the news recently they say that one is about done but the North direction tunnel is facing problems. They are having financial issues. The news then goes on to say that the city is thinking of going over seas for aid to get this tunnel built. Hmmm...
We can not do something because of the financial crisis our money is short, so we will borrow more (in the midst of the financial crisis) See my problem.
I hope so. This tunnel I would think will be a multimillion dollar project, hundreds of millions, billions I would think. And not of vital importance. The city could survive without it for a little longer. Even if they just waited till the financial crisis has settled, been fixed. Then seek assistance. But doing it the mist of the crisis which they keep claiming is so bad.. is just plain silly. Do they want to get the city in trouble..? If they claim we can easily pay back the debt (that would have to include interest) then just wait, get the money up....
Starting to do circles so I'll leave it there for now.

side note: do believe I have mention my belief that they are not just drilling tunnels for transport, but they are/ very well could be establishing and/or expanding a underground base/city.