“We are working as fast as we can.”
Said the Egyptian official off the coast of whose country the severed cable lies. A single cable which has disrupted Internet services across the majority of Middle East and India, bringing some businesses down to their knees. It’s not going to be fixed any time soon, either. It might take up to two weeks to restore data and voice services, predicted some reports.
The question is how was this allowed to happen? Not that the cable was severed, this is just an accident which is recurring with much familiarity. The real question is, how is much of the fastest growing economies in the world dependent on a single undersea cable? Didn’t anyone think of a redundancy plan which covers just such an eventuality? One which would withstand such a technical disruption with complete transparency to the customers?
Obviously not. They’re too busy thinking of those grandiose and totally useless schemes of new cities built on man-made dredged islands whose owners are those select few institutional investors who lather at the thought of those billions in profit extracted from the vastly cash rich Sovereign Wealth Funds. A laughable spectacle really, because it’s nothing more than taking money from one pocket and depositing it in the other. But it’s a good scheme. The numbers are pretty. Just like Enron’s.
Regardless. We have a problem, which – in the presence of those funds as well as their generator’s continuous appreciation in world’s markets – could be easily fixed. Our own parliament could contribute too by just once thinking long term and chucking those 40 million [translate] into a fund to create a redundant alternative. An alternative whose profits could easily cover the requirements of those in our community which escalating commodity prices have hurt.
But I won’t be holding my breath to see either solution being adopted.
Short term solutions to long term problems managed by fools does not progress make.