13 April 2012
Expensive rocket, major fail
The cost of today’s failed rocket launch by North Korea is estimated by South Korean intelligence officials at $850 million – nearly enough to feed about 80% of the population of the impoverished nation for a year. The launch site cost $400 million and the rocket and payload cost an additional $450 million, a military official told Yonhap, South Korea’s state-affiliated news agency. Yonhap says the cash could feed 19 million for a year. That rocket was a stupid waste of money and it just proves that Kim Jong-Un is already on his way to being an irresponsible leader. North Korea is poor enough as it is without making such silly mistakes like that.
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