An anonymous reader quotes a report from Gizmodo: It appears that Neom — Saudi Arabia’s hugely expensive, architecturally bizarre urban development project — is floundering and close to collapse. A new report from the Financial Times cites high-level sources within the project to paint a picture of dysfunction and failure at the heart of the quixotic effort. Neom was envisioned as a vast series of fantastical urban developments spread across the coast of the Red Sea. At…








