There Comes the Canal Expansion Spin!

By The Boss on Mar 19, 2008 | In Politics, Business | 1 feedback »


Indeed. Bye.

We TOLD YOU SO and you heard it here first: The Canal Expansion project is in trouble. Proof: El Panama America starts the spin that will gradually familiarize us with higher costs, stupid financing - in short everything the opponents of the plan predicted. They have set aside funds for inflation, calculated at 2% per year. In reality it's FOUR TIMES as high: 8% per year. We already told you about machinery that doesn't work. Read our lips: The Canal Expansion is in deep shit.

UPDATE: More preparation-for-the-worst spin in La Prensa.

Tags: ampliacion, canal expansion, deep shit, inflation, postponed
Comment from: paxwarrior [Member] Email
Here we go....
http://www.prensa.com/hoy/negocios/1306222.html
03/27/08 @ 10:29

Leave a comment


Your email address will not be revealed on this site.

Your URL will be displayed.
(Line breaks become <br />)
(Name, email & website)
(Allow users to contact you through a message form (your email will not be revealed.)
« Charlatan!It's Morning Again, in Panama »