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re: Thanks to Trump, BlackRock now owns the ports in Panama
Posted on 3/5/25 at 7:52 am to Geauxgurt
Posted on 3/5/25 at 7:52 am to Geauxgurt
quote:
Trump helping the rich get richer and get more control? Oh my. Color me shocked
Do you expect Joe the welder to buy a huge port? Or would you rather communist China own it?
Posted on 3/5/25 at 7:53 am to Seldom Seen
Victory for our Zionist masters maybe.
Posted on 3/5/25 at 7:53 am to Ampipe96
quote:
Wait… BLACKROCK is the good guy now?
exactly
Posted on 3/5/25 at 7:55 am to Hodag
quote:
Simple question, is America better off with Communist China or Black Rock owning the ports?
Good Lord, Black Rock and it's not even close.
Just because Black Rock cowed to DEI and ESG it still does not make them as bad as the CCP. With good leadership in the WH U.S. corporations can jettison DEI and ESG.
Posted on 3/5/25 at 7:58 am to SDVTiger
STDtiger, I should’ve known better. Your post continue to suck arse, keep it up buttercup
Posted on 3/5/25 at 7:59 am to LaMigra
You are just mad cause you know you cried like a girl
Posted on 3/5/25 at 8:01 am to Seldom Seen
Here come the Democrats to voice their support for China CCP.
Posted on 3/5/25 at 8:01 am to Geauxgurt
quote:
Trump helping the rich get richer and get more control? Oh my. Color me shocked
OH NO! China no longer controls the Panama Canal. I guess that kills one back door deal for you Nazi SOBs from the Democratic Party.
Posted on 3/5/25 at 8:03 am to Lima Whiskey
quote:
Blackrock is bad news, this isn’t an improvement
What's better, China or Blackrock?
Keep in mind, the tax we pay for American ships to pass through Panama is outrageous, but yeah. Let's let China keep it. Great move.
Posted on 3/5/25 at 8:08 am to Seldom Seen
Obviously concerning some, especially post-Trump, but definitely better than the current situation. It now takes Congress to codify some kind of pro-American PC rules that BR needs to follow. The PC should be looked like any other US territory. It's too strategic not to be.
Posted on 3/5/25 at 8:15 am to Seldom Seen
I don't understand the complex monetary instrument systems upon which companies like Blackrock exist, but I believe that they will go with whatever power (DEI Globalism being the current hegemonic force) that creates a profit for their investors. If another power takes over, like Nationalist MAGA, then BR will bow to said power. Or they will be slammed as a National Security threat, just like Panama was.
Posted on 3/5/25 at 8:17 am to Penrod
quote:
BlackRock has the ports but they don’t have $22.8 billion they used to. The only way this has helped BlackRock is if the actual value is greater than $22.8 billion.
Wait do you think black rock put out money without having a real good idea on the ROI?
This post was edited on 3/5/25 at 8:19 am
Posted on 3/5/25 at 8:18 am to Seldom Seen
quote:
BlackRock has agreed to buy two major ports on the Panama Canal from their Hong Kong-based owner as part of a $22.8bn deal,
Probably better in the hands of the Chinese.
Posted on 3/5/25 at 8:19 am to oklahogjr
quote:
Wait do you think black rock out out money without having a real good idea on the ROI?
Well, I assume they have a solid guess at the ROI. It was a deal between two parties. Each party presumably thinks they got a good deal. If I had to bet on BlackRock or the Panamanians I’d bet on BlackRock, but you never can tell.
Posted on 3/5/25 at 8:19 am to BugAC
quote:
What's better, China or Blackrock?
Neither has any power over the Canal.
Posted on 3/5/25 at 8:20 am to RogerTheShrubber
quote:
Neither has any power over the Canal.
Is today gonna be a busy day driving the tour bus?
Posted on 3/5/25 at 8:22 am to LaMigra
quote:
Where the frick do they get all their money from to pull all of these massive deals!
State pensions invest with Black rock. People buy black rock funds of various type through their retirement accounts and brokerage. I’d wager to bet that you own some investment into Black rock whether or not you even know it. It may just be through an index fund or something.
This post was edited on 3/5/25 at 8:24 am
Posted on 3/5/25 at 8:22 am to BugAC
quote:
Keep in mind, the tax we pay for American ships to pass through Panama is outrageous, but yeah. Let's let China keep it.
1) Panama controls fees for the canal, not China.
2) These are ports, nothing more. There are more ports along the canal than these two.
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