View Poll Results: Is this blowback from Iran/Contra by Reagan/Bush?

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  • YES!

    3 23.08%
  • NO!

    7 53.85%
  • Just desserts?

    2 15.38%
  • What goes around, comes around?

    5 38.46%
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Thread: Is this blowback from Iran/Contra by Reagan/Bush?

  1. #41
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    AliHajiSheik's Avatar
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    Re: Is this blowback from Iran/Contra by Reagan/Bush?

    Why is competition bad? Unless of course, you are Panamanian.

  2. #42
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    Re: Is this blowback from Iran/Contra by Reagan/Bush?

    Quote Originally Posted by Cyrylek View Post
    One of the reasons I don't think that the Nicaragua Canal will ever materialize. To recover the enormous capital costs, Nicaragua would have to charge handsomely for the passage. While the Panama Canal and the American railroads - already running smooth and profitable - can easily offer deep discounts.

    The only scenario that allows for the Nicaragua Canal to become a success is some huge economic boom in the region, with all existing capacities being overwhelmed by demand. OK, let's say the Commie ghouls lose power in Havana, and Cuba becomes one giant Key West. It will not result in a mad export-import rush with the East Asia. 90% of the new commerce will be channeled through Florida, naturally. Likewise, when Venezuela will recover from the current insanity, it will not turn into an export-oriented superpower overnight - it will be busy with repairing the systemic damage Chavez and Co did to its economy.

    And so on.

    For any potential investor, all this is a huge gamble. And: Ortega insists that Managua must have the controlling stake in the enterprise. Where is that money supposed to come from? We are talking billions and billions. Because, you know, the sovereign bonds of Greece and Cyprus are all the rage right now...

    No offence to any honest, hard-working Nicaraguans - but Greece means much more to any European, American - or Japanese, for that matter - investor than the Mosquito Coast.
    You might want to include in your analysis the word: Panamax.

  3. #43
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    Re: Is this blowback from Iran/Contra by Reagan/Bush?

    Quote Originally Posted by AliHajiSheik View Post
    You might want to include in your analysis the word: Panamax.
    Sure. The Third Set of Locks is being realized as we speak, and is on schedule to be completed in 2015. Supposedly, it will double capacity there. Making the Nicaraguan doppelgänger project even more dubious.

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