Nicaragua Canal

[Ivan Cloherty]

Nicaragua has signed a Memorandum of Understanding with China to construct a canal joining the Atlantic and Pacific, it will be financed by the Chinese. A Dutch company is already surveying the route. It will be designed to take ships larger than the new locks now being built on the Panama Canal.(The USA still has a defence pact with Panama) It will be known as the Grand Inter-Oceanic Canal (GCI) will cost USD 30 Billion to build and take just 10 years. First surveys were carried out over two hundred years ago but thought impossible because of costs, (but of course technology has moved on). However cost is immaterial in this new world order and although the canal is probably not needed it gives the Chinese a controlling presence (in the event of a Panama Canal failure) on America's doorstep, I wonder how the Americans are feeling about that.

Many on this site will be around to see it's inception and inaugaral transit, alas many of us probably will not

[Gulliver]

Years ago,that would have been a good spoof,preferably released on or before April Fools Day,but now we know differently.

At the risk of sounding like Captain Kong(Hello Brian !),we should never have let them open that first Takeaway..

PS .Prince Philip had the right idea !
Gulliver
Sorry!.gif

[happy daze john in oz]

Ah so, you want flies with that?

[Ivan Cloherty]

#1 The memorandum of Agreement has been now ratified as a 'Contract' with the Chinese putting $40 billion into the project. The route will now not follow the San Juan River but will be cut through to Lake Nicaragua to allow for the largest vessels envisaged on its completion. An announcement is due shortly on the commencement date, which in business speak means that the ball is already rolling.

Coincidentally there was an item on the BBC News today saying that small British companies should visit China to help China's economy, seems they are doing nicely without our assistance thank you very much. Sell something to China, not on your nelly, you will only make one sale they will then copy the product and sell it cheaper than you can buy the raw materials thus putting you out of business as a couple of crane manufacturers have found out to their cost, also they have cornered the market in Post-panama Container cranes, and have also built their own heavy lift ships to transport them ready erected around the world.

China is gearing up in case there is a direct confrontation with the USA, which must happen one day, so it matters not now if the USA (who have a Military pact with Panama) close the Panama Canal the Chinese will still have a short route to supply their dependant forces if the need arises, because as sure as eggs is eggs the Chinese will have a military presence in Nicaragua even if they are in the guise of construction workers in the near future.

[Tony Wilding]

hi ivan, would imagine usa not happy about that, i heard a rumour about a proposed canal there, but now definite, no doubt about china getting a foothold worldwide, in namibia big chinese operations there as in other african countries, here in cebu all the private hospitals and large companies are chinese owned, shopping malls, a huge fast food chain called chow king, many years ago when i was a boy my father used to say, one day the yellow race will control the world, its looking that way.

[happy daze john in oz]

The rise of the Chinese is in fact the second coming for them. Way back in time from about 14th century china was the worlds biggest economy. Many major economies and empires have come and gone, China is the only one to get a second go. They are buying up a large in a number of countries including Cambodia, Indonesia, australia, New zealand and a few others.

[Neville Roberts]

american companies went too china for the cheap labor ,and now china has trillions of US $$$$$$ to spend .if they dumped all the $$$$ on the open market the USA economy would take a nose dive . the US capitalists sold thier souls and now it will come back and bite them . and us . too. a bright spot is that manufacturing is coming back to US as it seems to be cheaper now in US than bringing goods all the way from china ,and the US hourly wage is very competative with chineses workers now .,who would have thought that .workers in the us have been losing ground for years , how would anyone like too work for $7.50 an hour . even the chinese started to make goods in the phillipenes for cheaper labor .and I said to myself what a wonderfull world .help help .

[Colin Hawken]

"Fiendishly clever,these Chinese." ( The Goon Show,BBC Radio,yonks ago.) Anyone else old enough to remember The Goon Show? Harry Secombe,Spike Milligan and Peter Sellars.Michael Bentine as well,I think. Absolutely hilarious.Don't get good clean humour like that now.

[happy daze john in oz]

"Fiendishly clever,these Chinese." ( The Goon Show,BBC Radio,yonks ago.) Anyone else old enough to remember The Goon Show? Harry Secombe,Spike Milligan and Peter Sellars.Michael Bentine as well,I think. Absolutely hilarious.Don't get good clean humour like that now.

We do get some good stuff still, ever watch parliament on TV?

[happy daze john in oz]

american companies went too china for the cheap labor ,and now china has trillions of US $$$$$$ to spend .if they dumped all the $$$$ on the open market the USA economy would take a nose dive . the US capitalists sold thier souls and now it will come back and bite them . and us . too. a bright spot is that manufacturing is coming back to US as it seems to be cheaper now in US than bringing goods all the way from china ,and the US hourly wage is very competative with chineses workers now .,who would have thought that .workers in the us have been losing ground for years , how would anyone like too work for $7.50 an hour . even the chinese started to make goods in the phillipenes for cheaper labor .and I said to myself what a wonderfull world .help help .

Clever these Chinese, the largest clothing factory the own in in Cambodia, wages are lower there.