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It’s one of those images that were hidden. They remained unnoticed to me until two and a half years ago… when my child was born. Cigarette butts. You see them on the floor on every street, on every public square, on every children playground, in Spain. Despite signals. Despite campaigns by the government. Despite science. Despite basic education. Despite the ability to read the “smoking kills” of every package. People are attached to old habits despite they know they are bad. No matter what you try to persuade, they won’t change. They are doomed. They are condemned. The same happens in other aspects of life, not just that unhealthy habit. Getting attached to toxic couple. Getting attached to toxic jobs. Getting attached to poisonous pay checks. Never looking for a way out… That is evident many times. You have the signs. The information. The models. And still… you won’t use that way out. Don’t believe me? Here you are a sign. ​Even you can make money in real estate. ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
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They opened it. And it collapsed. Just like that. March 2018. Florida. Around these “Easter” days. A brand-new pedestrian bridge at Florida International University pedestrian bridge. Award-winning design. Fast-track construction. Public praise. And six people dead. Just like that… Cracks had already appeared. Not hidden. Not subtle. Visible. I repeat… f**** visible. Engineers saw them. Discussed them. And decided there was no safety issue. Hours later… it collapsed. Let me translate this...
Something worse than pricing a mega-project with consultants? Adding a second consultant to “validate” the price. Worse? A third one doing a peer review. Don’t laugh. This happens… Every day. Governments behaving like headless chickens. Not knowing what to do… but doing something anyway. Anything. Because “we need robust numbers.” Because “we need to protect public money.” So they spend millions… just to feel safe. Good luck with that. Let me simplify it for you. When you renovate your...
They thought the deal was done. Preferred bidder. Banks aligned. Lawyers billing like there’s no tomorrow. Financial Close… just weeks away. Then Lehman Brothers collapsed (2008). And across the world… PPP deals froze. In the UK, dozens of Private Finance Initiative (PFI) projects suddenly faced: No liquidity Banks pulling out Margins exploding Some survived. Many didn’t. I remember those days well… as I was parachuted to the A30 Project in Montreal whose financial closed happened end of...