Expat Community > Nicaragua

majicjack
Joined 2011
Posts: 667

Nicaragua Canal

10 years ago

If anyone is interested on Yahoo.com web search "Current status of the Nicaragua canal project". It has several different opinions and not too many good revues. I did not say they were all negative before you start preaching or whining. Honest open study related opinions.

Someone stated that you should invest your money in a project regardless if it happens or not. If you have a lot of money and want to invest in something like this just to keep money flowing into Nicaragua, there are a lot of people in this world that wants to meet you. I know of one and he does have a history. You can check this out on your own.

The Stock Market of Nicaragua depends on the United States. 56.7 percent of Nicaragua's gross revenue comes from the USA. Nicaragua is mainly and agriculture economy and there are so many factors when it comes to agriculture. Droughts,(Which we just had) floods,(which we just had) market prices and supply and demand. 19% comes from industry and most of which are Zona Francas owned by overseas companies. The Growth Rate is currently a 5% which is not too bad but the current inflation rate is at 19.37

Japan, the worlds third largest economy just went into recession. Russia's currency is tanking, China manipulation of currency and price fixing is fixing to catch up with them and the U.S. Stock Market is shakey at most with rapid up and down cycles. The US Stock Market is largely held up by the feds influx of 85 billion dollars of freshly printed money each month. What happens when this ends?

There is also big doubts that the world shipping market can support two canals. Most investors or at least successful ones do not invest in projects that there is doubt in. If it does happen, Nicaragua will become a puppet state to the Chinese and dance to their music. Large countries do nothing regardless of whom they are for small poor countries with out strings attached.

Now, if anyone is offended by this I don't know what to say for you except it is time you broke the suction on that tit and grow up.

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Nicaragua Canal

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