Interesting. I'm surprised a worker didn't keep it and try to sell it.
But still, I almost think the more amazing thing is Greece is still dumping money into new infrastructure construction considering how broke they are.
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Edited by Paulus magintie: 2/6/2013 3:59:54 PMSell it to who exactly? Greece is broke. Also keep in mind these infrastructure projects where most likely funded from a budget before the collapse of the economy which was around 2008 when I got let go of my work placement and the recession hit.
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Could always melt it down. If they were previously funded, they should be cut. Sunk costs should not be included in a review of assets. Stop the construction and resume it when times are better. Until then, the money is probably better spent elsewhere.
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[quote]Could always melt it down.[/quote] Probably has more value as is in a historical piece to an outside museum. [quote]If they were previously funded, they should be cut. Sunk costs should not be included in a review of assets. Stop the construction and resume it when times are better. Until then, the money is probably better spent elsewhere.[/quote] Still costs for maintaining the current conditions and it offsets any potential revenue from the new project while it's on hold. Probably is better than trying to finish it when your plum broke but I would think that the margins wouldn't be that much of an improvement.
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True, I was just sayin' if it was melted it wouldn't get traced back to you in all likelihood. Probably at least a couple ounces there. $5,000 or so if you melted it? Nice find for a Greek worker in these days probably.
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Edited by M37h3w3: 2/6/2013 4:17:15 PMAh, I thought you were suggesting that the Greek government sell it for cash. I would be shocked if anyone would actually go about and do such a thing. It would be like an American melting down a civil war revolver he found. Destroying your history and national heritage for a quick buck?
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This. Greece needs to sell it, along with an island or two, as well as any and everything valuable due to its history.