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Sunk cost

Apr 30 2012  An Australian mining mogul has announced plans to build a replica of the Titanic. James Mackintosh, investment editor, notices a worrying trend for ambitious projects like this to be dreamt up at the height of a boom. James asks if this is a bad omen for the Australian economy.  (4m 21sec)
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Filmed by James MacDonald and Rod Fitzgerald. Produced by Veronica Kan-Dapaah.
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