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1,198 - Failed Government Projects

April 11th, 2016

Episode 384 of 489 episodes

If you think building a new sports stadium is a great way for your city to make more money, think again. This episode explains what can go wrong. Slow dialog: 1:22 Explanations: 3:00 Fast dialog: 16:42 Mariana: How long do you think it will be before the stadium is finished? Klaus: Don’t hold your breath. The plan for the stadium is fundamentally flawed, but the government rammed it down the throats of the voters. Mariana: Do you really think the project is doomed? Klaus: Haven’t you heard the reports of corruption and poor management? They’re cutting corners left and right. I wouldn’t be surprised if the stadium is being built with shoddy materials. Mariana: Then the entire thing is a joke! Klaus: Yes, and the joke is on us. Government officials are going through the motions, not caring about the results. All they care about is lining their pockets. Mariana: I have heard about the cost overruns. Do you think the city will ever recoup the money spent on this project? Klaus: Maybe a little, if we can sell the entire thing as scrap metal! Script by Dr. Lucy Tse

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