Anglo-Saxon country. Mid-200s. A public agency having wet dreams… They said “Don’t worry, the lenders will step in.”Like it was a rescue… It was a crime scene. The project had already collapsed.Construction delays, cost overruns, contractors running for the hills. The SPV was bleeding cash faster than it could spell “refinancing.” Of course, everyone looked at the guys in suits… So the lenders felt the pressure and for once, they worked a little bit. They exercised their step-in rights. Poor...

There are only 4 types of personalities. Goldfinches, parrots, pigeons, and foxes. That’s how the world is organized.Goldfinches sing, parrots repeat, pigeons wander around, and foxes feast on goldfinches, parrots, and pigeons. Goldfinches talk. They tell everyone how things should be done. They write books about Marx, give lectures to entrepreneurs, and preach about how the economy ought to work. Parrots repeat. They vote, cheer, kneel, lick, suck, swallow, and when a stranger scores a goal,...

Consultants thrive in complexity. And mostly, because they are the cause of complexity. If it’s to simple, too easy, “they’ll” pay less. That’s life. Just like some MBAs… they get longer adding non-sense stuff, just to justify higher prices. But that’s for another day. Well… nothing is more dangerous for the taxpayer that an army of consultants with no general at the helm. They rapidly discover that they can print money but adding a few pages more to their reports. Or more comments. More...