CHINESE CANAL ACROSS NICARAGUA WILL SOON BEGIN CONSTRUCTION

It will begin on one side and end on the other.

@edgarblythe,

and it gonna go right through Lake Nicaragua, thus making the water tabe in NIcaragu and Costa Rica drop tens of feet (fresh water floats on salty)

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@farmerman,

That don't sound good. Perhaps they ought to tunnel under the lake.

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@edgarblythe,

oh great

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Is that the hole to China we as kids boasted about digging?

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@farmerman,

Quote:

it gonna go right through Lake Nicaragua, thus making the water tabe in NIcaragu and Costa Rica drop tens of feet

can you explain why you think it would make the water table drop substantially? I don't see any reason why it should. The lake is higher than the oceans on either side, naturally. Outflow from the lake occurs naturally via a number of rivers presently. The outflow into a canal isn't continuous, precisely because it's stopped at various locks, so it can actually operate on less water than is currently running out of the lake into the rivers.

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There is a long history of such proposals in Nicaragua

If it is completed, it will put Panama out of business for northern hemisphere shipping. Will also give China and Nicaragua (and remove same from U.S. and Panama) quite a bit of leverage when it comes to threats of strikes and fee hikes.

http://en.m.wikipedia.org/wiki/Nicaragua_Canal

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@Banana Breath,

Quote:

can you explain why you think it would make the water table drop substantially? I don't see any reason why it should. The lake is higher than the oceans on either side, naturally.

Hubberts Law and Ghyben/Herzbergh prinicples predict the approximate head elevations that a ground water elevation will be in a coastal environment. SO, if the Nicaraguan Canal is a SEA LEVEL canal(which it will be), LAke Nicaragua will be almost required to achieve a much loer base level when the whole project is done AND it will become a mere embayment of the ocean.
This will affect into Costa Rica.
Fresh water will have a sea discharge point well into the Isthmus.

I think its gonna be an environmental disaster even more than the Pnama Canal was. (The Panama I not YET a sea level canal) SEA LEVEL canal means NO LOX

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Did you tag the topic yourself, fm? I don't see it as funny if they actually begin this project.

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@edgarblythe,

No I did not. There was an article in llast Sunday's NYT about the project. It is for real, that's what is so unbelievable. We aint displaying the Monroe Doctrine to the Chinese , we seem to have lost our national testicles and we hve second plced lmost ll of our national interests.

Ive really become disillusioned with Obama.

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@farmerman,

http://en.wikipedia.org/wiki/Nicaragua_Canal

"The concession can be extended for another 50 years once the waterway is operational. Construction of the canal, estimated to cost $40 to $50 billion, is scheduled to begin in December 2014, with completion due within five years."

When you think of the outdated Panama Canal and the increase in the size and quantity of super-tankers and the marked increase in shipping traffic, it might be a viable idea for someone to undertake this. However the building cost and the risk would be best shouldered by a bunch of nations...(not just US'ns).

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@farmerman,

farmerman wrote:

Ive really become disillusioned with Obama.

Why stop the blame-pie and disillusionment with just with Obama? He's part of the symptom...no backbone and no forward-thinking exists with anyone in leadership in Das Kapitol!

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@farmerman,

Context would've been nice:

A Chinese Man, A $50 Billion Plan And A Canal To Reshape Nicaragua
http://www.npr.org/blogs/parallels/2014/08/14/340402716/nicaragua-banks-on-its-own-canal-to-boost-economy

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@farmerman,

The Monroe Doctrine was simply to enable the USA to steal the wealth of Latin American countries with the added benefit for the US that it got to refine its torture techniques.

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"Some opponents of the canal worry that the financing will actually come from the Chinese government itself, which Richard Feinberg, a fellow at the Brookings Institution, describes as "the Chinese planting their flag right in the heart of the Western Hemisphere." But since winning a no-bid, 50-year, renewable concession last year, Wang has put the project on the fast track."

From: A Chinese Man, A $50 Billion Plan And A Canal To Reshape Nicaragua
http://www.npr.org/blogs/parallels/2014/08/14/340402716/nicaragua-banks-on-its-own-canal-to-boost-economy

Gee, dog in the manger much?

Is Mr Feinberg concerned that the Chinese are going to commit the same heinous acts against the people of Nicaragua as the US has done?

It seems China is out to help Nicaragua, to bring prosperity to Nicaragua, something the US has never done despite being the much vaunted "savior of the oppressed".

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@farmerman,

Quote:

if the Nicaraguan Canal is a SEA LEVEL canal(which it will be)

OMG, I never considered the possibility that anyone would be so STUPID as to build a sea level canal through Nicaragua and drain their primary water supply out into the ocean, that would be fricking suicide for the entire country. Let's hope sanity reigns, that would be totally insane.

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@farmerman,

farmerman wrote:

. . . SEA LEVEL canal means NO LOX

So long as we still have cream cheese for the bagles, could it really be so bad?
(sorry)
I couldn't resist. Just wanted to keep this thread where I could find it.

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Quote:

MANAGUA (AFP) - A police crackdown on hundreds of Nicaraguan farmers protesting the construction of a $50 billion canal across their land left two dead Wednesday, an activist and opposition leader reported.

Police action against protesters began on Tuesday and intensified Wednesday near land to be expropriated by Chinese firm Hong Kong Nicaragua Development Investment (HKND) to build a massive canal.

The leader of protests in the department of Rio San Juan, south of Managua, told AFP he saw the bodies of two people but police blocked protesters from approaching them.

Opposition leader Eduardo Montealegre said that that the crackdown also left many people injured.

The government has not confirmed any casualties among protesters.

Protests followed the inauguration of the canal on Monday by President Daniel Ortega and Chinese billionaire Wang Jing.

Wang won a 100-year contract to build the canal in 2013. The environmental, technical and financial studies of the 280-kilometer long (175-mile) route have been kept secret.

The canal is expected to displace around 30,000 people, mainly poor farmers and native people, but could be a major financial boon for the Central American nation.

HKND is expected to employ 50,000 people over five years of construction. The canal route crosses Lake Nicaragua and runs through rainforest and at least 40 villages.

http://www.france24.com/en/20141224-two-killed-nicaragua-canal-protests/

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The canal in Nicaragua might be under the financial support of China's own international bank

http://www.cnbc.com/id/102510380

http://www.wsj.com/articles/germany-france-italy-to-join-china-backed-development-bank-1426597078

http://www.bbc.com/news/business-32007090

Russia is currently recovering from the boycott and its governmental and private corporations found the way to increase their national productivity to the point of becoming more economically solid than before, when importing goods was the greatest market.

China and Russia signed trade contracts to use their own currencies for trading between these two countries, rejecting the dollar for this purpose.

The Russian ruble has become more stronger.

Now, the Chinese yen will also have more economical influence in that pert of the world, and there is a possibility that will enter to Europe as another international currency for trading purposes.

This is a big trouble for the US.

The best to prepare against inflation due to the return of "unused and rejected dollars" is increasing the internal productivity... following the example given by Russia.

The dollar must circulate and can't stay floating inside the US borders in order to continue its power and influence.

The strategy of China and Russia is to diminish the dollar to its lowest, by doing so, the US will be forced "to pay" its national debt not with dollars but with goods.

European countries were supporters of the US dominancy by convenience, but today, these countries are also trying to be free of the US dollar dominancy, because the Federal Bank has been printing dollars without gold backing them up.

China and Russia have been buying gold in the last decade to make their currencies solid strong, and at the end, the balance between a dollar backed up "with confidence" against a ruble and yen backed up with gold, the later will enjoy more acceptance for trading purposes.

The last attempt made by the US to continue the "petro-dollar" in the world, was making Iraq its strong headquarter for this kind of trading, but times are changing, revolutionaries like ISIS are a thread to the point that the US might look for Iran and other former enemies as partners (like recently with Cuba), otherwise will end isolated.

A good way to contra-attack the Russia-Chinese attempts to destroy the dollar is to stop importing Chinese products and produce the same goods at competitive prices...or, "as usual"... create new wars... but where?

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CHINESE CANAL ACROSS NICARAGUA WILL SOON BEGIN CONSTRUCTION

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