Amsterdam’s day of reckoning shouldn’t really have come as a surprise.
The city’s children grow up with a verse: “Amsterdam, die grote stad / Die is gebouwd op palen / Als die stad eens ommeviel / Wie zou dat dan betalen?
Loosely translated: “Amsterdam, big city / It is built on piles / If the city would collapse / Who would pay for that?”
The city is now collapsing — and the Dutch are paying.
Amsterdam has been collapsing for years. Now it’s paying the price–from CNN