What is the biggest waste of money in the history of humanity?

May not literally be the biggest waste ever, but one of the most comic:

Once upon a time (in 2015, to be precise), the Government of New Zealand decided to see if there might have been a new flag.They introduced a special panel and asked the inhabitants to submit new ideas (where, incidentally, very… interesting proposals came from rolling).

Of the more than 10,000 entries, a shortlist of 40 designs was published in August 2015.Through a referendum sent with the post, it was decided in December that the ‘Silver Fern‘ design by Kyle Lockwood was against the existing flag.

Anyway, almost a year later a referendum is held to decide whether the new Silver Fern will represent the country or that the old flag remains.

The result: 57% voted to retain the current flag, and 43% voted for the Silver Fern.

But with that, the laughingly part has not yet ended: the whole project cost about NZ $26.000.000.Discarded money, it turns out, because the flag has not changed. Moreover, the publicity campaign of $4 million had little effect, because at an event in Christchurch only ten people were present.

And that, ladies and gentlemen, is how you as a country washes 26 million dollars through the pit.

Money is often not wasted, the money continues to circulate.There is always someone who receives the wasted money and spends it again.

However, you can say that much pointless work is done and paid.More and more paid work does not provide any benefit for the person who pays the salary and for the society as a whole. According to Graeber in bullcrap Jobs , even 85% of hours worked is useless.All salaries and overhead costs that are paid for this could be called a waste of money.

War.

It costs money to carry it and it costs money to recover it.

Given the breadth (or depth) of the question: History of humanity, T becomes no simple answer.

Know enough absurd wastes:

  1. The Squirrel Bridge in The Hague over the N44, where in 1 year time 0 squirrels overran and in the years then something of 3. (130000) The concept also seems to run over the A12 (Ede Arnhem)-thick ropes leading to the portal on the road.
  2. The Stickers on the lampposts of the A12 (The Hague-Utrecht) cost 25 euros each, and was an EU subsidy to beautify the way.

Remains a gore highway. And stickers on a lamppost: who thinks that. Think almost no one knows them: drive left (do like Tempo 130) and see the 4 colored bands on lampposts-fast counting and x2 and that’s the damage

  • But then the greatest in the history of mankind?

Someone already noticed that money is always going somewhere and not wasting in that sense. But had we been able to spend that money on something better than the question.

  1. The total arms industry in the world, where highly technical findings are made to eliminate each other weapon systems and soldiers.

Plus all the cleanup costs of explosives, chemical junk etc. No idea how much but about trillions.

  • The extravagant churches build of the Catholic Church.
  • Do they really think that money is well spent? Maintaining it is a dire problem. Also applies to many religions and in my experience is not faith in a building and there is nowhere a divine order to produce large buildings (on 1 after, a Jewish temple in Jerusalem)

  • Global waste of 10 to 25% of food, every day again.
  • By decay, pests and wrong storage. So if we take 10% of the total food production per year, that must be a gigantic amount. Every steak that goes away over the date also still had a cost of wrapping and transporting and cooling in plastic. Is a logistics and data problem that we can easily reduce. I thought. Those that can be kept up to dates are sometimes really fantasy: last piece of tuna forgotten at the bottom of the fridge and 3 days later in the pasta, do not bake, but T smoke well when opened. I will say war, but in WW2 there were at least still inventions that we went on later Use it, but if we take it more recently, it will be the Iraq war, which has cost trillions (1000 billion) and made the country and region worse.

    That since the 1st Industrial Revolution we have built up the economy through unsustainable energy.

    We have too seriously overburdened the climate and the environment.It is not even in realistic amounts to determine how much us that cost and will still cost.

    Vb, how do you calculate the cost of reduced biodiversity?Etc.

    Dave, Morty

    The construction of breeding reactor in Kalkar (D) in the years ‘ 70 and ‘ 80 cost a sloppy 8 billion German Mark.These costs were borne by the German, Dutch and Belgian states. The reactor was never taken into operation. In the ‘ 90 ‘ the complex was sold for a few million euros to businessman Hennie van der Most who made it an amusement park.

    Drugs, smoking, and alcohol if you are addicted of course alcohol costs less money as it is for conviviality

    Saving is the biggest waste.

    Potting money ensures that it remains unused, no one gets better from it.

    A wealthy person who gets even richer, nobody who notices it.

    A lot of poor people who get 10 euros will spend that 10 directly, so the effect is instantly felt.

    The biggest waste is thus the lifting of too little strain on potting.

    Leave a Reply