The resources were spent on obvious speculation, which adds less than zero value to humans (other than speculators). As an analogy, if resources are spent on w

The resources were spent on obvious speculation, which adds less than zero value to humans (other than speculators). As an analogy, if resources are spent on war, I think it's not so far fetched to say that there is an extraordinary amount of waste in terms of human talent, life, physical infrastructure, and diverted resources. Just because someone spends money doesn't mean it was well spent (unless you measure such things in money).