$50 billion race to replace Panama canal at Nicaragua; better global trade? Increasing China global reach

It is more fun criticizing

There are news that a Chinese businessman, as  private individual  CAAMC (inviting investors) who is building a $50 billion replacment/alternative to Panama Canal.  But there are whispers that the China govt is behind or supporting the project.

The initial plan was to build a canal at Nicaragua, but was shelved when there was a volcanic erutption.  The Nicaragua  project promises to be better than Panama which is hounded by drought and flood problems at Lake Gatun.  Canals will be deeper and wider     For a while Panama was the center of travel between Pacific and Atlantic.   Panama is choking and reliance on a single canal poses risk to shipping  

It can turn Nicaragua as an economic hub  It will generate jobs, and economic activity.  The project will lift millions out of poverty

Ships shave off days and thousand of miles going around the dreaded tip of South America at Cape Horn where waves and current collide, drowning thousands of sailors  and sinking hundreds of ships

Before railways, goods going to and fro US East and West Coast had to sail this perilous voyage

Romualdez resigns as Speaker of the HOR, replaced by Rep. Bodjie Dy

It is more fun criticizing

Finally the nation can relax a while and avoid a dangerous confrontation with the ugly angry mob crying for stop to the perceived injustice and the continuing plunder of the  Philippine Treasury.   The head of the state is wondering how come we got into this.   Its funny.  The Head leads the tail.  What happens to the country and the rest of the govt is due to his leadership:   its absence or presence.    And the speaker is blood relative.   

Maybe the Presidency downfall is next to come.  What has happened to the country:   a plunder of the highest order must be stopped.   The  fingers point resigned SHOR  and his cohorts as the probable cause Cases yet have to be filed.   The father could have ordered a firing squad for the offenders.   All that they did was a defiance of what the Lord has ordered for us to do on this earth.  Even what the nepos are doing, flaunting their riches (which they claim did not come from the people-  maybe from God) is all ready sickening.  Thanks the Lord for this reckoning and for the reflection that took place in the conscience of this person.   May the Lord have mercy on his soul.