Monday, 10 November 2008

Maldives save up for the future

The newly-elected President of the Maldives has announced that part of the country's tourism revenues will be saved up for buying up land somewhere else in case the ocean floods the sandy cays that make up the archipelago. Properly administered, this savings account might turn out to be a great investment, but not for the reasons its founders envision.

Since global warming and oceans rising have something in common with the Armageddon, Nessie, the Yeti and Elvis being alive Maldivians will find themselves in a few years time with either a massive gold pot or some potentially profitable developed land.

The Maldives will NOT be flooded. It would be a giant pity for the whole world (the islands are GORGEOUS). The new President is pragmatic enough to realize that Maldivians abandoning inter-island air transport for fighting climate change will do next to nothing for their islands, except probably annoy tourists facing long rocky transfers. Nevertheless, it is always good to save up for a rainy day. With the current economic downturn comparisons to the islands' monsoon season are more than appropriate.

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