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There was another nicaraguan canal project that was floated maybe 10 years ago and supposedly financed by the Chinese government. The government officials invol
by brianbreslin 3y ago
There was another nicaraguan canal project that was floated maybe 10 years ago and supposedly financed by the Chinese government. The government officials involved all ended up charged with an assortment of graft surrounding the project.
- pchristensen 3y agoThe idea for a canal through Nicaragua goes back to at least the 1880s, when agents for the bankrupt French canal company tried to lobby for the US Government to buy the remaining assets. Source: https://www.amazon.com/Path-Between-Seas-Creation-1870-1914/dp/0671244094 https://www.amazon.com/Path-Between-Seas-Creation-1870-1914/... - it's one of the most fascinating books I've ever read. It covers engineering, geography, 19th century stock market investing, medical advances, and the birth of US state capacity to run projects. Highly recommended!
- sethrin 3y agoAt the time it was seen as extremely dubious; the criminal charges are the least surprising outcome.