As a sign of peak irrational exuberance in the bubble economies of Australia and China, the BBC reports that Clive Palmer, one of Australia's richest men, has commissioned a Chinese
state-owned company to build a 21st Century version of the Titanic.
"It will be every bit as luxurious as the original Titanic but of course
it will have state-of-the-art 21st Century technology and the latest
navigation and safety systems," he said in a statement.
No comments:
Post a Comment