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re: Thanks to Trump, BlackRock now owns the ports in Panama
Posted on 3/5/25 at 12:17 pm to NytroBud
Posted on 3/5/25 at 12:17 pm to NytroBud
“ this gives us a better rate and should save US consumers money.”
Not arguing against this statement. But curious as to why this will happen and where you saw these facts published.
Not arguing against this statement. But curious as to why this will happen and where you saw these facts published.
Posted on 3/5/25 at 12:22 pm to RogerTheShrubber
quote:
They literally cant do anything if you choose not to use their ports.
Coming from a guy that thought there were more than 2 main ports in the canal? Its only 51 miles long. The rest are locks, dude
Posted on 3/5/25 at 12:23 pm to RogerTheShrubber
quote:
They literally cant do anything if you choose not to use their ports.
There is nothing logical or practical in your statement. We are the largest end user of the panama canal. The 2 ports Blackrock is buying is the largest ports in the panama canal. The next largest port is 1/2 the size of any of these 2 ports. So what's the other option, go around?
This post was edited on 3/5/25 at 12:24 pm
Posted on 3/5/25 at 12:25 pm to LaMigra
quote:
Where the frick do they get all their money from to pull all of these massive deals!
Your 401k
Also they buy up all the houses and make a lot of them section 8, so also your tax dollars
Posted on 3/5/25 at 12:26 pm to Thecoz
quote:
Not arguing against this statement. But curious as to why this will happen and where you saw these facts published.
We've been trying to negotiate with Panama letting our naval warships through without any fees. In addition, due to the current drought, the PC has long been in need of revitalization to allow for the newer larger ships to go through. The previous deal, had China and it's companies in charge of that expansion.
Posted on 3/5/25 at 12:26 pm to RogerTheShrubber
quote:
Blackrock is not "us."
They are part of the cause of why our economic system is so fricked up
The canal is owned by Panama. We're talking two parts that have no bearing on us.
It is interesting to watch the pivot towards one of the evils this board has railed against for a while now.
Posted on 3/5/25 at 12:27 pm to Ampipe96
quote:
Wait… BLACKROCK is the good guy now?
No, but they pay taxes in America and employ Americans. Even if you consider them equal to Chinese communists, that distinction is a net plus for the US.
Posted on 3/5/25 at 12:28 pm to RobbBobb
quote:
Coming from a guy that thought there were more than 2 main ports in the canal?
There are 5 large and many more small ports (roughly 15) along the canal. In addition to the two in question...
Manzanillo
Colon
Panama Intl
Posted on 3/5/25 at 12:29 pm to BugAC
quote:
There is nothing logical or practical in your statement
You thought China collected canal fares..
You just cant admit you were lied to..
Posted on 3/5/25 at 12:31 pm to Thecoz
quote:
“ this gives us a better rate and should save US consumers money.”
Not arguing against this statement
It will have zero effect on the canal fee.
None, whatsoever.
Posted on 3/5/25 at 12:32 pm to RogerTheShrubber
quote:
You thought China collected canal fares..
I'm glad you are keeping up with this. Because, in fact, they do.
So what happens to one of these panamax ships that are too large are have too big of a draft to navigate the canal? What happens to all those shipping containers? They are offloaded. Where are they offloaded, jackass? That's right, the 2 largest ports of entry. They are then shipped by road and by rail (both built, maintained, and operated by China) to the next port to then be loaded back onto the ship after it makes passage, or onto different ships. Which port receives those goods to then be loaded onto those ships? That's right the other port China owned. DO you sincerely believe Chinese companies are given same rates as Chinese owned ships? Do you enjoy getting bludgeoned, or is it a symptom of your TDS?
This post was edited on 3/5/25 at 12:34 pm
Posted on 3/5/25 at 12:35 pm to RogerTheShrubber
quote:
It will have zero effect on the canal fee.
Except for what these ships are being charged at the ports for offloading/onloading shipments at both ports.
quote:
None, whatsoever.
This is comically wrong. But keep it up. You have yet to lay out any logical scenario where you prove you are correct.
Posted on 3/5/25 at 12:35 pm to BugAC
quote:
I'm glad you are keeping up with this. Because, in fact, they do.
Holy shite....
Youre Trumps wet dream. Dude can lie all day and you dont have the ability to fact check.
Bless your heart.
Show me a valid link to where China collects and keeps fares for traversing the canal.
thanks.
Posted on 3/5/25 at 12:36 pm to Geauxgurt
nm
This post was edited on 3/5/25 at 12:51 pm
Posted on 3/5/25 at 12:36 pm to BugAC
quote:
What happens to all those shipping containers? They are offloaded.
Most are passing through, Dufus.
Most dont unload in Panama.
Posted on 3/5/25 at 12:36 pm to Seldom Seen
quote:Tep. Thanks. We are much better off than we were.
Thanks to Trump, BlackRock now owns the ports in Panama
Too bad Dims have spent the fed gov so far in debt. The gov could have bought it.
Posted on 3/5/25 at 12:40 pm to BugAC
quote:
Except for what these ships are being charged at the ports for offloading/onloading shipments at both ports.
Holy shite .
If (since most don't load or unload there) have contracts for this with fixed pricing.
Posted on 3/5/25 at 12:44 pm to GeauxTigers123
quote:
State pensions invest with Black rock. People buy black rock funds of various type through their retirement accounts and brokerage.
Exactly. If you want to see Blackrock, some of need only to look into a mirror.
Posted on 3/5/25 at 12:44 pm to RogerTheShrubber
quote:
Most are passing through, Dufus.
Most dont unload in Panama.
Here you go, dipshit.
The canal is also planning to use its west bank lands to expand Panama’s cargo transfer capacity, which allows shippers to offload containers, move them via rail, truck or vessel, and then reload them onto ships, he said.
That would allow the canal to move at least an additional 5 million containers per year by 2045, from the current 8.3 million containers, Vasquez said. Container ships are its most important business segment.
Why the frick else would china be building infrastructure between the 2 ports?
This post was edited on 3/5/25 at 12:45 pm
Posted on 3/5/25 at 12:48 pm to RogerTheShrubber
This is embarrassing
Manzanillo - MIT is a distribution center for cargo destined for cities within Panama and nearby countries in Central America and the Caribbean. It is one of the largest container transshipment terminals in the region and has direct access into the Colón Free Trade Zone (CFZ). And located on the Gulf of Mexico side, so canal operation would never effect cargo to/from the US
Colon - Not part of the Canal Zone. The 1914 boundary treaty made Colón an exclave of the Republic of Panama entirely surrounded by the Panama Canal Zone. Under the 1936 Hull–Alfaro Treaty, the United States ceded the "Colón Corridor" from the Canal Zone; this was a strip under Panamanian jurisdiction just wide enough to build a road 4 miles long connecting the city to the main eastern portion of the republic.
Panama International - A port facilities that provides tourism and cultural value. Meanwhile, few of these smaller ports add significant cargo abilities for international needs.
Manzanillo - MIT is a distribution center for cargo destined for cities within Panama and nearby countries in Central America and the Caribbean. It is one of the largest container transshipment terminals in the region and has direct access into the Colón Free Trade Zone (CFZ). And located on the Gulf of Mexico side, so canal operation would never effect cargo to/from the US
Colon - Not part of the Canal Zone. The 1914 boundary treaty made Colón an exclave of the Republic of Panama entirely surrounded by the Panama Canal Zone. Under the 1936 Hull–Alfaro Treaty, the United States ceded the "Colón Corridor" from the Canal Zone; this was a strip under Panamanian jurisdiction just wide enough to build a road 4 miles long connecting the city to the main eastern portion of the republic.
Panama International - A port facilities that provides tourism and cultural value. Meanwhile, few of these smaller ports add significant cargo abilities for international needs.
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