Check out CyberGhost VPN at www.cyberghostvpn.com/MegaBuilds and you will get 84% off CyberGhost VPN. That's $2.03/month and 4 months free! It's risk-free with their 45-day money-back guarantee. Thanks to CyberGhostVPN for sponsoring the video! (Sponsored) What do you think, will the Nicaragua Canal ever be built? 🤔 And what other megaprojects should we cover next?
You didn't mention about the Bryan-Chamorro Treaty that was signed between Nicaragua and the United States on August 5, 1914. It gave the United States full rights over any future canal built through Nicaragua. By the terms of the treaty, the United States acquired the rights to any canal built in Nicaragua in perpetuity, a renewable 99year option to establish a naval base in the Gulf of Fonseca, and a renewable 99-year lease to the Great and Little Corn Islands in the Caribbean. For those concessions, Nicaragua received $3 million. At the request of Nicaragua, the United States under Richard Nixon and Nicaragua under Anastasio Somoza Debayle held a convention, on July 14, 1970, that officially abolished the treaty and all its provisions.
Not only does Spain not get anywhere near the grief the US gets for "stolen land", they were allowed to sue treasure hunters in a world court and get the gold and silver that was painstakingly recovered from a shipwreck.
I'm not against the construction of Nicaragua canal but maybe it will dry up the fresh water of that beautiful big lake and for sure it will contaminate the lake, Nicaragua must protect that lake for today and for the future of Nicaraguans who live by,
The US after previous actions to prevent it from being built seemed to have failed they probably had him eliminated & China hasn’t said anything because they don’t want to admit the US was able to secretly delete someone on Chinese soil & they weren’t able to intervene or prevent it.
It seems to me that a high speed, freight-container, rail line shuttling back and forth between Atlantic and Pacific would be a much cheaper solution. If the trains were designed to rapidly load/unload cargo containers and powered by electricity, I think there would be much less environmental damage.
Sea travel is much cheaper than land travel. Where would all this electricity come from? Wind turbines that destroy the environment to get built and can't be recycled? Or nuclear energy which is clean and efficient, but has a scary name?
I think he mentioned half a billion tons a year of goods, and more is needed. I don't that could be done by rail, but I've never checked. But the loading off ships on one side, then onto land, then back to ships on the other side...jeez. And even with trucks, same load cycle. Plus fuel. And with all that loading; the number of accidents, deaths, labor...
When you consider that just a single ship can carry *20,000* containers and that a canal can handle multiple ships per day, you can start to see why a rail-based solution could never compete :-/
Commodore Cornelius Vanderbilt's ships for several years in the 19th Century used the Nicaraguan route, minus the canal between the lake and the Pacific Ocean. Even he, however, couldn't muster the cash to build that last link.
I am surprised you didn’t mention the Panama Canel expansion project which was completed in 2016 that allowed the new neopanamax ships to go through the panama canal. These new ships dramatically reduce the capacity gaps. This changed the economic equation making the Nigaraguan Canal even less economically feasible.
Not really. While the canal was being expanded, container ships were being built that already would exceed its newer size. And the water is just a seasonal thing. The news doesn't report when there's excess water, because there are less views with good news and no one can sell doom and gloom when times are good. This could create a competition lowering tolls, which is where you determine your profits.
It will certainly be a reality soon. It's easier to build custom ice breakers to lead ships through the few areas of ( not so thick any more ) ice. The weather is pretty severe, though, through the Bearing Straight. It's not as simple as it first looks. But Canada and the U.S. are 100% committed to making it work as it's a potential game-changer for their countries. No locks, no issues of pollution, just a way to clear the ice. As of writing this, the passage is actually open and clear water - and is expected to remain so for about 6-7 more weeks.
@@plektosgaming I lived in Nome for a few years between 1950 and 1953. That would have been a shock to everyone... watching a "train" of ships passing by. We'd get one cargo ship per year in the summer, and we had to place our orders with Sears and Roebuck mail order companies to be delivered the next summer. A lot of thought and "wishing/planning" were struggled through for each year's order. That year long wait was just torture, especially for the kids. It's certainly an interesting idea... just don't let the Chinese investors get involved!!! They're already working their way into central America.
Normally container ship transits cost somewhere between $60,000 and $300,000. With continued congestion conflated by drought and low water, an auction system allows some ships to buy their way to the front of the line at the Canal. The Panama Canal Authority has an auction system that allows ships to bid for slots to move ahead in the queue. The starting bid for these slots is $55,000, but winning bids can range from $1.4 million to $4 million. The highest bids are usually won by carriers transporting liquefied petroleum gas or liquefied natural gas.
My cousin and my great grandfather, great grandmother and my cousin wife left Barbados 🇧🇧 to help build the Panama 🇵🇦 canal . That how I have family members there back then. Even a cousin left Barbados 🇧🇧 to Panama 🇵🇦 in the 1880s when the French was building it . He return to Barbados 🇧🇧 in 1889 when the French stop building it.
Congrats on over 1 Million Subscribers. Been with you guys since before 100k and have learned a lot! Keep up the great work (And STRAIGHTEN those classic books!)
There were also plans at about the same time to use nukes to dig a waterway through the western Egyptian desert and flood the Qattara Depression, creating an inland sea between Egypt and Libya. This didn't happen wither
Either a new canal will be built through Nicaragua or the Panama Canal will need to be widened and deepened but the Panama Canal has water supply problems that may be hard to solve.
@@paulbunion6233 Amazon sells my books in China. Trade goes both ways. To advance civilization, improvements in communications and transportation have to be solved. Communications are limited by speed of light and we're there now. Capacity is the problem to be solved. Canals have always been a good way to save on transportation cost and increase speed and capacity with very expensive infrastructure. Locks make canals much more expensive and complicated. Unless you can tunnel, mountain ranges require locks.
@@kaibrunnenG BECAUSE Einstein, IF YOU didn't purchase so much crap from China, there would be NO SHIPS so don't try and come off all caring about the environment when YOU are a big part of the problem
I wonder if they don’t realize that Mexico has already renovated a railway system called the tren Transistmico or trans-isthmic train and parallel highway to transport goods arriving from Asia to a modernized and enlarged port in Oaxaca on the Pacific coast across the thin isthmus to the port of Coatzacoalcos in Veracruz. Plus there will be 10 industrial parks to be built along this route for added value on the goods being transported. Already huge ferry boats are ready to transport hundreds of cargo containers from Veracruz to Mobile Alabama and railway networks can also transport goods northward to the U.S..
Please. It was a land grab by and to benefit Daniel Ortega and his family - as they missed the looting they could do when he was previously in power. I bet the Chinese investor skimmed a big batch of money from the Chinese government too.
I only watched 3 minutes - enough to realize the narrator doesn't know that the canal is suffering from water shortages from the lakes that feed it and refill it every time it raises a lock. Climate change induced drought makes the canal unpredictable and threatning the world wide supply chain. Mexico is also proposing a land crossing "tram" from the gulf to the pacific.
With THAT much income to be had, somebody will loan it to them. China has been doing it for years in Africa with modern roads and irrigation projects. Panama Canal made $2.7 Billion in 2020.
Excellent still-motion photography pictures/drawings/maps. Enabling viewers to better understand what the orator is describing-!!!🤗. Much tariff .money 💰 made on those canal systems-!!!
Why not just a port on one side linked by railroad to a port on the other side. It’s gotta be quicker and cheaper especially with all the containers. That would then leave the canal to tankers. Pick anyplace that has the best terrain for the ports and rail.
If they were planning on digging 90% of the thing anyway then why would they still go through lake Nicaragua? Wouldn’t it make more sense to build it where it wouldn’t risk contaminating their fresh water. The only reason to use the lake was that it would make it cheaper by using natural rivers.
What if a chain of boxes were dug, from A to B, the dug fill added to wall height, the distance between boxes measured for base distribution, and ships propellers, aimed at the turf dividers are blasted, creating a quick dig. Mexico could build a canal using this method. Minimizing environmental destruction keeping crews focused on managed areas, no expensive fill hauling by rail or truck. The higher dikes would protect the environment if sensitive to noise and industry polution. If beginning from both ends, each box could be finished out with ships bringing suppliers in a cheap option to the overland costs.
With the Panama canel slowly dying due to vital watersheds feeding it going dry. I can see another canel systems or two being build by the Americans funded by Blackrock or Vanguard some where in the region. Most likely Costa Rica or Nicaragua.
Ohhhh FFS, will you stop saying hat th Panama Canal goes from the Pacific to the Atlantic Ocean....It goes from the Pacific to the CARIBBEAN Sea. I've heard people say ' well the Caribbean is an arm of the Atlantic", well so is the Mediterranean, but no one says the Suez Canal goes from the Red Sea to the Atlantic Ocean
Some form is inevitable. Frankly, with SO MANY ships going thru, present locks system unsustainable wherever you put them. World economy has the funds, do it right & dig both bigger & at levels where you can use only seawater. Be nice they also considered locals & ecology, but that part's dubious.
@@jackbelk8527 Yes and there in lies the problem with the lock design. I could be wrong, but I believe the Panama Canal was originally started by the French with an 'at grade' approach. If the lock system and fresh water lakes could be avoided then the result would be a superior canal though the engineering challenge to do this would be monumental. I presume that the ocean levels on each side of such a canal would not be the same elevation. Each lock = time = money. The reduction of locks is where the money is.
Dear, once again very nice video. Thanks. But please I'm interested in the content, not in the adds for some VPN. With that many subscribers you don't need it.
Impossible. Sea level is not the same between the 2 great oceans and you would probably have to dig 100s of feet down and that would drain and destroy lake Nicaragua.
@@skiv12276 The difference is a rather small 8 inches or so between the two bodies of water. This is enough to cause a massive series of storms at the tip of South America, but if a giant channel could be built in theory, it would require a very simple single lock at the end. This is why Nicaragua was so keen on the idea. They have a route to the Lake already, naturally, and even with the elevation change, it's only a 100 ft drop from the lake down to the Pacific. So 2 to 3 locks is all you would need. Engineering-wise, using the river is a dead-simple proposition as the optimal place to build it would be farther north, near the city of Rivas. This appears to be a natural break in the mountain range.
@@plektosgaming it might be 8 inches. But are the tides the same. Definitely not. The cape cod canal is only 6 miles long, but has 2 different tides at either end which causes extreme currents. That’s just from a tiny canal connecting 2 bays. Taking away the fact the land rises hundred feet in middle of Nicaragua. I was commenting how it’s impossible to build without locks.
@@skiv12276 It definitely needs locks. But logistically there is a path where the elevation change is only a bit over 100ft and bypasses the mountains. That said, the pollution from the ships 24 hours a day would be bad for their environment.
I remember the nuclear option for blasting our way through Nicaragua. what has to be remembered, is that at that time, there was great hope for peaceful uses of nuclear energy, and the modern environmental movement was still non-existent. I think we would have been violating our agreement with Panama to not build another canal elsewhere. Since they now own the canal, that would no longer apply. I think the real risk for investors is that you are only one revolution away from someone like a Hugo Chavez stealing it “for the people” and your money is gone. In that respect, the China option might have been the safest one, because they would not have taken that lying down. They would have had troops there to protect their investment, and wouldn’t have cared about world opinion if they used them to help keep the original regime in power.
Hey admins! Please add "Phương Trạch" Financial Tower that will be built in Hà Nội, Vietnam's capital city, it will reach the height of around 530 meters!
I'd rather see a saltwater canal-border built between Mexico and the USA. The nice thing about doing this is new ports could be constructed along the line and create lots of jobs. Considering that Texas is becoming a major hub for space ports there is opportunity for creating direct Space to Sea links. The other opportunity is to utilize underground spent oil fields as an underground deep-well hydro storage. It is possible to hydraulically push fresh water with salt water without salt transferring to fresh and vice versa. The energy storage project could help with the costs of carving in-land through shared infrastructure. The Rio Grande could be piped under the canal. Just my two cents
Break it into three "parts". Lake, Pacific Canal, Atlantic Canal. EACH worked on for "long term". Build what you Can, now. All three half done? Link em easy.
They are going to destroy the fresh waters of Lake Nicararagua if they build this canal. They will also destroy the Panamanian economy. Finally, China will acquire territory on the American mainland - they will own Nicaragua, because they are paying for the Nicaragua canal, and they aren't doing it out of the goodness of their hearts.
I am from Nicaragua and I just hope that the canal will never be built because it would destroy many ecosystems and important nature reserves as well as pollute our great lake.
Actually, I don't understand. Both sides are seas, so if they link together, what harm does it do? Both are seas. The only problem os, the north and south cannot be together, unless they build many bridges in between.
With drought at the Panama Canal and conflicts in the Red Sea and other global shipping lanes disrupting trade, officials in Mexico predict a golden opportunity for the country’s $2.8 billion Isthmus of Tehuantepec’s Interoceanic Corridor (CIIT) project. The initiative is converting the isthmus in southern Mexico, which represents the shortest distance between the Gulf of Mexico and the Pacific Ocean in the country, into a 188-mile rail corridor that could handle up to 1.4 million twenty-foot equivalent units annually by 2033. Source: Yahoo Finance
I don’t blame environmentalists for stepping in. All rain forests should be protected these days preventing any further demolition of them, securing animals natural habitats. I mean who wants to make spider monkeys go extinct? 🤷🏻♀️
Why... do they want a Nicaragua canal so badly? Even though the Panama canal is facing difficulties... can't they fix the difficulties??? The Nicaragua canal idea looks much much harder and it goes through a lake... wont ships get stuck in all the curves in the river??? Idk... just wondering...
As someone who has family that would get displaced by this project, I'm obviously against it. Ortega is going to do a massive land grab and steal my family and many other family's farmland to make this canal. Unlike the American landgrabs where the government is obligated to pay for the land, Nicaraguan government can just take the land and leave you with nothing. Plus, as mentioned in the video, an enormous amount of Nicaraguans rely on Lago de Nicaragua for fresh drinking water. Having that lake invaded by the dense salt water of the Gulf of Mexico would ruin the drinking supply for thousands of people. Also, one of the volcanoes that make up the island in Lago de Nicaragua is an active volcano that has erupted not too long ago. Its twin is dormant, but with one of the two island volcanoes in that very lake being an active volcano, that will definitely hinder the project and cause doubts among shipping companies to use a potentially volatile shipping route.
As the world population continues to drop and USA stops patrolling the worlds shipping lanes there will be less demand for goods to ship around the planet.Building the canal may never pay off
Today the panama canal is in dire straits. Because of lack of rain they cannot operate the locks that often. They are looking again towards mexico but instead of building a canal they will have ports on the caribbean and pacific connected via rail.
While apparently that would actually be quicker once it's set up than sending ships through the Panama Canal, it still has the disadvantage of requiring shipping companies to *have* two ships for each shipment (one in the Pacific and one in the Atlantic). Honestly, I wonder how feasible it would be to dig an actual canal through the Isthmus of Tehuantepec. That would be roughly the same length as the Suez Canal, and the terrain isn't nearly as bad as in Nicaragua.
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What do you think, will the Nicaragua Canal ever be built? 🤔 And what other megaprojects should we cover next?
Not in my lifetime. A drought that completely disables the Panama canal would restart the idea more seriously.
You didn't mention about the Bryan-Chamorro Treaty that was signed between Nicaragua and the United States on August 5, 1914. It gave the United States full rights over any future canal built through Nicaragua. By the terms of the treaty, the United States acquired the rights to any canal built in Nicaragua in perpetuity, a renewable 99year option to establish a naval base in the Gulf of Fonseca, and a renewable 99-year lease to the Great and Little Corn Islands in the Caribbean. For those concessions, Nicaragua received $3 million. At the request of Nicaragua, the United States under Richard Nixon and Nicaragua under Anastasio Somoza Debayle held a convention, on July 14, 1970, that officially abolished the treaty and all its provisions.
Hence why America will be the only one building any future canal in the region funded by Blackrock or Vanguard.
And 20 years later we were kicking ourselves as the Panama canal was beginning to fall apart.
Now to steal again???
@@plektosgamingthe US government doesn't own or control the Panama canal anymore
Soooo your saying the treaty no longer stands, wonder why no billionaires/ powerful corporations have pounced on this opportunity.
"I never really liked that Panama Canal" ~ Suez Canal
@hillbilly, still getting used to electricity?
Why would you pollute a large freshwater lake . That water would be invaluable in the future.
I Never Liked Either Canal’s The Fishing Sucks at Both Of Them.. Too Many Big Boats Makes It Hard to Catch Anything!😊
Not only does Spain not get anywhere near the grief the US gets for "stolen land", they were allowed to sue treasure hunters in a world court and get the gold and silver that was painstakingly recovered from a shipwreck.
Yes, wonder who was behind that?
I'm not against the construction of Nicaragua canal but maybe it will dry up the fresh water of that beautiful big lake and for sure it will contaminate the lake, Nicaragua must protect that lake for today and for the future of Nicaraguans who live by,
Can they do a canal without emptying the lake ?
Wang Jing coming out of obscurity to be a massive billionaire and then just as quickly disappearing. Oh nothing sketchy there at all.
The US after previous actions to prevent it from being built seemed to have failed they probably had him eliminated & China hasn’t said anything because they don’t want to admit the US was able to secretly delete someone on Chinese soil & they weren’t able to intervene or prevent it.
it is called chinese stock market lol
@@bessibossi69 Xi !!!!!!
Or that I'm having an affair with his wife & mistress-!!!🤗
We hardly know about big entrepreneurs in China. Jack Ma is pretty much the only one I can name.
The drought in Panama and the possible closing of the canal could fuel this.
It seems to me that a high speed, freight-container, rail line shuttling back and forth between Atlantic and Pacific would be a much cheaper solution. If the trains were designed to rapidly load/unload cargo containers and powered by electricity, I think there would be much less environmental damage.
Sea travel is much cheaper than land travel. Where would all this electricity come from? Wind turbines that destroy the environment to get built and can't be recycled? Or nuclear energy which is clean and efficient, but has a scary name?
I think he mentioned half a billion tons a year of goods, and more is needed. I don't that could be done by rail, but I've never checked. But the loading off ships on one side, then onto land, then back to ships on the other side...jeez. And even with trucks, same load cycle. Plus fuel. And with all that loading; the number of accidents, deaths, labor...
Mexico is building this exact thing currently.
When you consider that just a single ship can carry *20,000* containers and that a canal can handle multiple ships per day, you can start to see why a rail-based solution could never compete :-/
Ironically Mexico seems to be working on just such a venture.
Commodore Cornelius Vanderbilt's ships for several years in the 19th Century used the Nicaraguan route, minus the canal between the lake and the Pacific Ocean. Even he, however, couldn't muster the cash to build that last link.
I am surprised you didn’t mention the Panama Canel expansion project which was completed in 2016 that allowed the new neopanamax ships to go through the panama canal. These new ships dramatically reduce the capacity gaps. This changed the economic equation making the Nigaraguan Canal even less economically feasible.
Except water is the issue now.
Not really. While the canal was being expanded, container ships were being built that already would exceed its newer size. And the water is just a seasonal thing. The news doesn't report when there's excess water, because there are less views with good news and no one can sell doom and gloom when times are good.
This could create a competition lowering tolls, which is where you determine your profits.
All it has done is make water the issue because it's too expensive.
A second canal would be beneficial as it would reduce the waiting times for traversing the Panama Canal.
Dont forget about the Artic passageway. Now becoming useable as well. And the Mexico rail system
By the time this is built, Canada will open up Northwest passage
It will certainly be a reality soon. It's easier to build custom ice breakers to lead ships through the few areas of ( not so thick any more ) ice. The weather is pretty severe, though, through the Bearing Straight. It's not as simple as it first looks. But Canada and the U.S. are 100% committed to making it work as it's a potential game-changer for their countries. No locks, no issues of pollution, just a way to clear the ice. As of writing this, the passage is actually open and clear water - and is expected to remain so for about 6-7 more weeks.
@@plektosgaming I lived in Nome for a few years between 1950 and 1953. That would have been a shock to everyone... watching a "train" of ships passing by. We'd get one cargo ship per year in the summer, and we had to place our orders with Sears and Roebuck mail order companies to be delivered the next summer. A lot of thought and "wishing/planning" were struggled through for each year's order. That year long wait was just torture, especially for the kids.
It's certainly an interesting idea... just don't let the Chinese investors get involved!!! They're already working their way into central America.
It's open now isn't it?
0:56
Half a million? or 500 million????
Normally container ship transits cost somewhere between $60,000 and $300,000. With continued congestion conflated by drought and low water, an auction system allows some ships to buy their way to the front of the line at the Canal.
The Panama Canal Authority has an auction system that allows ships to bid for slots to move ahead in the queue. The starting bid for these slots is $55,000, but winning bids can range from $1.4 million to $4 million. The highest bids are usually won by carriers transporting liquefied petroleum gas or liquefied natural gas.
I'll settle for either amount-!!!🤗
My grandfather helped lead in the US Army construction of the Panama Canal.
In other words you have relatives in Panama😂
@@Maweresistance 😂😂😂 I dunno my grandfather was married and very religious, he was actually the entertainment director 😂. Go figure 😂
My cousin and my great grandfather, great grandmother and my cousin wife left Barbados 🇧🇧 to help build the Panama 🇵🇦 canal . That how I have family members there back then. Even a cousin left Barbados 🇧🇧 to Panama 🇵🇦 in the 1880s when the French was building it . He return to Barbados 🇧🇧 in 1889 when the French stop building it.
Congrats on over 1 Million Subscribers. Been with you guys since before 100k and have learned a lot! Keep up the great work (And STRAIGHTEN those classic books!)
Build a canal with nukes? Jesus Christ we were unhinged back then.
There were also plans at about the same time to use nukes to dig a waterway through the western Egyptian desert and flood the Qattara Depression, creating an inland sea between Egypt and Libya. This didn't happen wither
That's some crazy Soviet impression to me...
“Do not use the lords name in vain”
Back then?
@@lionsdejudahWhat ever hero. You Christians do it everyday.
Either a new canal will be built through Nicaragua or the Panama Canal will need to be widened and deepened but the Panama Canal has water supply problems that may be hard to solve.
not to mention the fresh warer sharks in Lake Nicaragua
That's a beautiful lake. Hundred of ships going through there each day would over time contaminate the lake with pollutant.
Yeah, about a week.
maybe YOU can help prevent this by closing your Amazon account and buying only items locally made and not imported from China
@@paulbunion6233 Maybe you should be quiet? What's this have to do with China? It's the Nicaragua Government problem.
@@paulbunion6233 Amazon sells my books in China. Trade goes both ways.
To advance civilization, improvements in communications and transportation have to be solved.
Communications are limited by speed of light and we're there now. Capacity is the problem to be solved.
Canals have always been a good way to save on transportation cost and increase speed and capacity with very expensive infrastructure.
Locks make canals much more expensive and complicated. Unless you can tunnel, mountain ranges require locks.
@@kaibrunnenG BECAUSE Einstein, IF YOU didn't purchase so much crap from China, there would be NO SHIPS so don't try and come off all caring about the environment when YOU are a big part of the problem
Getting the canal doug is still the basic problem. Panama Canal was hard enough.
I wonder if they don’t realize that Mexico has already renovated a railway system called the tren Transistmico or trans-isthmic train and parallel highway to transport goods arriving from Asia to a modernized and enlarged port in Oaxaca on the Pacific coast across the thin isthmus to the port of Coatzacoalcos in Veracruz. Plus there will be 10 industrial parks to be built along this route for added value on the goods being transported. Already huge ferry boats are ready to transport hundreds of cargo containers from Veracruz to Mobile Alabama and railway networks can also transport goods northward to the U.S..
Or the shipscould just offload at a west coast port in the U.S.
Lake Nicaragua needs to be left alone. There's no way they could prevent the freshwater of the lake from being polluted by the seawater of the canal.
Not him saying "Chili" instead of "Chee-Lay" 💀
No one gives a fk
What’s the problem lil bro
@@crazygamingyt7245 U gotta say it right is the problem 💀
People speak differently lil bro
Chili and Chile have different meanings even though the spelling is the same in Spanish
Please. It was a land grab by and to benefit Daniel Ortega and his family - as they missed the looting they could do when he was previously in power. I bet the Chinese investor skimmed a big batch of money from the Chinese government too.
Exactly!!!
If so they definitely got that back from him lol
I can't help to compare your coment to the mayor of Dalton. She's skimmed, wasted, converted almost $9mil from the coffers.
That's probably why nobody knows where he went.
It was the Soviet Union that was trying to push the Nicarauga canal, as a counterweight to the US during the Cold War. Not Russia. Factual error.
I only watched 3 minutes - enough to realize the narrator doesn't know that the canal is suffering from water shortages from the lakes that feed it and refill it every time it raises a lock. Climate change induced drought makes the canal unpredictable and threatning the world wide supply chain. Mexico is also proposing a land crossing "tram" from the gulf to the pacific.
Great report. I did not know about the French action.
You should talk about the qiddiya city project in saudi arabia.
It's been overdone already.
It’ll never be built by Nicaragua 🇳🇮 they can’t afford it
Ortega stole everything.
With THAT much income to be had, somebody will loan it to them. China has been doing it for years in Africa with modern roads and irrigation projects.
Panama Canal made $2.7 Billion in 2020.
@@jackbelk8527 Don’t sell your soul to China 🇨🇳.They’ll come take it .
Wonderful presentation sir. Thank you
IMO, the best place to built a new canal isn't Nicaragua. It's Tehuantepec, Mexico.
not if you look at a topographic map
Too high elevations on that isthmus. A transcontinental railroad is once being resurrected and should be operational within two years
Very informative!
at 0:57 they said halF a million$ but then write 500M$,
Environmentalist will never let it happen imo
Money talks---especially around corrupt Politicos.
It's never a bad idea to have options and to break up monopolies on a service.
Excellent still-motion photography pictures/drawings/maps. Enabling viewers to better understand what the orator is describing-!!!🤗. Much tariff .money 💰 made on those canal systems-!!!
It about time to have something the us has no control over
Why not just a port on one side linked by railroad to a port on the other side. It’s gotta be quicker and cheaper especially with all the containers. That would then leave the canal to tankers.
Pick anyplace that has the best terrain for the ports and rail.
MEXICO Has Already Built A Rail Line That’s Almost Ready To Use!
I don't see it as a rival. The Panama canal can't handle the traffic alone so why not have a second route?
If they were planning on digging 90% of the thing anyway then why would they still go through lake Nicaragua? Wouldn’t it make more sense to build it where it wouldn’t risk contaminating their fresh water. The only reason to use the lake was that it would make it cheaper by using natural rivers.
What if a chain of boxes were dug, from A to B, the dug fill added to wall height, the distance between boxes measured for base distribution, and ships propellers, aimed at the turf dividers are blasted, creating a quick dig. Mexico could build a canal using this method. Minimizing environmental destruction keeping crews focused on managed areas, no expensive fill hauling by rail or truck. The higher dikes would protect the environment if sensitive to noise and industry polution. If beginning from both ends, each box could be finished out with ships bringing suppliers in a cheap option to the overland costs.
new locks at pamama are 60m wide
Mexico is also working on a similar plan.
Anybody else think Wang Jiang looks like Steven He?
Won't be long before we have the Texas, Mexico canal!
With the Panama canel slowly dying due to vital watersheds feeding it going dry.
I can see another canel systems or two being build by the Americans funded by Blackrock or Vanguard some where in the region. Most likely Costa Rica or Nicaragua.
Canal not canel
Vanguard is a broker and fund manager.
They can't build, it goes against their core business which is shock and awe
Mexico is now owning the distribution from the pacific to the atlantic and viceversa
Ohhhh FFS, will you stop saying hat th Panama Canal goes from the Pacific to the Atlantic Ocean....It goes from the Pacific to the CARIBBEAN Sea. I've heard people say ' well the Caribbean is an arm of the Atlantic", well so is the Mediterranean, but no one says the Suez Canal goes from the Red Sea to the Atlantic Ocean
Why would anyone care more about a sea than its OCEAN?
The Panama Canal gives ACCESS to both oceans without naming every water body involved. ;)
I thought I've read a lot of stupid comments. This one wins
14:29 Enter America's sticky fingers
This is why you need conquerors... To get stuff done and move humanity forward...
10:42 HELL YEAHHH
Wow, 20 times the excavation of Panama canal.
Shipping across a pristine fresh water lake that the entire country depends on seems like a bad idea.
and while we're at it .... another channel Northwest Passage! But be sure to move Polar Bears and seal pups first.
Some form is inevitable. Frankly, with SO MANY ships going thru, present locks system unsustainable wherever you put them. World economy has the funds, do it right & dig both bigger & at levels where you can use only seawater. Be nice they also considered locals & ecology, but that part's dubious.
Consider a canal at grade - meaning no lock system. That would be a game changer and a huge engineering challenge.
The lake has an elevation of 107 feet. It'll take a bunch of locks.
@@jackbelk8527 Yes and there in lies the problem with the lock design. I could be wrong, but I believe the Panama Canal was originally started by the French with an 'at grade' approach. If the lock system and fresh water lakes could be avoided then the result would be a superior canal though the engineering challenge to do this would be monumental. I presume that the ocean levels on each side of such a canal would not be the same elevation.
Each lock = time = money.
The reduction of locks is where the money is.
cant imagine what a bad news will be for panama if they actually build it. anyway I dont think they will soon
A great idea, but with people standing in the way, exceptionally difficult to accomplish, isn’t it?
6 government officials. I think they mean 6 new multi millionaire friends and relatives.
Good job...just need to work on the lighting for your "studio."
Bull shit, we did not have nukes in 1914. statement at 11:21
Dear, once again very nice video. Thanks. But please I'm interested in the content, not in the adds for some VPN. With that many subscribers you don't need it.
Whenever greed is in play, things don’t come easy.
No way, panama wont let them. They will interfere at every opportunity
I think the Lake is on borrowed time.
Any new canal should build to be at sea level so they do not have the same problem as the Panama Canal.
Impossible. Sea level is not the same between the 2 great oceans and you would probably have to dig 100s of feet down and that would drain and destroy lake Nicaragua.
@@skiv12276 The difference is a rather small 8 inches or so between the two bodies of water. This is enough to cause a massive series of storms at the tip of South America, but if a giant channel could be built in theory, it would require a very simple single lock at the end. This is why Nicaragua was so keen on the idea. They have a route to the Lake already, naturally, and even with the elevation change, it's only a 100 ft drop from the lake down to the Pacific. So 2 to 3 locks is all you would need. Engineering-wise, using the river is a dead-simple proposition as the optimal place to build it would be farther north, near the city of Rivas. This appears to be a natural break in the mountain range.
@@plektosgaming it might be 8 inches. But are the tides the same. Definitely not. The cape cod canal is only 6 miles long, but has 2 different tides at either end which causes extreme currents. That’s just from a tiny canal connecting 2 bays. Taking away the fact the land rises hundred feet in middle of Nicaragua. I was commenting how it’s impossible to build without locks.
@@skiv12276 It definitely needs locks. But logistically there is a path where the elevation change is only a bit over 100ft and bypasses the mountains. That said, the pollution from the ships 24 hours a day would be bad for their environment.
@@plektosgaming The Panama Canal has an 85 foot rise. Nicaragua canal would take 107 feet, so more locks.
Another awesome video, didn't realize what a project Nicaragua had
When they have the $$ I'll believe it.
I remember the nuclear option for blasting our way through Nicaragua. what has to be remembered, is that at that time, there was great hope for peaceful uses of nuclear energy, and the modern environmental movement was still non-existent. I think we would have been violating our agreement with Panama to not build another canal elsewhere. Since they now own the canal, that would no longer apply. I think the real risk for investors is that you are only one revolution away from someone like a Hugo Chavez stealing it “for the people” and your money is gone. In that respect, the China option might have been the safest one, because they would not have taken that lying down. They would have had troops there to protect their investment, and wouldn’t have cared about world opinion if they used them to help keep the original regime in power.
I got a better idea, what about a RIO GRANDE CANAL!
Ronald Regan said i will give the canal back to the people of Panama and a few days later he said US build and US will keep another Americans lie 😂.
Jimmy Carter gave up the Canal before Reagan was President.
Hey admins! Please add "Phương Trạch" Financial Tower that will be built in Hà Nội, Vietnam's capital city, it will reach the height of around 530 meters!
I'd rather see a saltwater canal-border built between Mexico and the USA.
The nice thing about doing this is new ports could be constructed along the line and create lots of jobs.
Considering that Texas is becoming a major hub for space ports there is opportunity for creating direct Space to Sea links.
The other opportunity is to utilize underground spent oil fields as an underground deep-well hydro storage. It is possible to hydraulically push fresh water with salt water without salt transferring to fresh and vice versa. The energy storage project could help with the costs of carving in-land through shared infrastructure.
The Rio Grande could be piped under the canal.
Just my two cents
Do you mean dredging the Rio Grande, then building a canal from El Paso to Yuma?
Break it into three "parts". Lake, Pacific Canal, Atlantic Canal.
EACH worked on for "long term". Build what you Can, now. All three half done? Link em easy.
I don't think China can afford it now. Especially wirh the Mexican Interoceanic Corridor which will compete with it.
How would they keep the ocean(s) waters from "contaminating"the lake?
Instead of a wall, we should build a canal!
They are going to destroy the fresh waters of Lake Nicararagua if they build this canal. They will also destroy the Panamanian economy. Finally, China will acquire territory on the American mainland - they will own Nicaragua, because they are paying for the Nicaragua canal, and they aren't doing it out of the goodness of their hearts.
I am from Nicaragua and I just hope that the canal will never be built because it would destroy many ecosystems and important nature reserves as well as pollute our great lake.
Something needs to lift nicaragua out of poverty, and this canal may be the thing to do so.
As a brother, it would help us immensly.
@@mesq26 Just to make a few rich and destroy an entire eco system? Grow up brother!!
Nicaragua isn't poor, communists have it poor.
Actually, I don't understand. Both sides are seas, so if they link together, what harm does it do? Both are seas. The only problem os, the north and south cannot be together, unless they build many bridges in between.
The price tag is a drop in a bucket for Elon
Wouldn't a canal from the Atlantic ocean to the Pacific Ocean introduce a gabilolion-zillion gallons of salt water into Lake Nicaragua?
6 min before this even talks about Nicaragua canal.
Thank you. Skipping...
With drought at the Panama Canal and conflicts in the Red Sea and other global shipping lanes disrupting trade, officials in Mexico predict a golden opportunity for the country’s $2.8 billion Isthmus of Tehuantepec’s Interoceanic Corridor (CIIT) project.
The initiative is converting the isthmus in southern Mexico, which represents the shortest distance between the Gulf of Mexico and the Pacific Ocean in the country, into a 188-mile rail corridor that could handle up to 1.4 million twenty-foot equivalent units annually by 2033.
Source: Yahoo Finance
Fortunately for us taxpayers, NASA had fixed price contracts.
I don’t blame environmentalists for stepping in. All rain forests should be protected these days preventing any further demolition of them, securing animals natural habitats. I mean who wants to make spider monkeys go extinct? 🤷🏻♀️
Why... do they want a Nicaragua canal so badly? Even though the Panama canal is facing difficulties... can't they fix the difficulties??? The Nicaragua canal idea looks much much harder and it goes through a lake... wont ships get stuck in all the curves in the river??? Idk... just wondering...
The one thing that stands in the way of the Gaza - Aqaba canal is... Gazans. Like they
don't get moved around. 😚
As someone who has family that would get displaced by this project, I'm obviously against it.
Ortega is going to do a massive land grab and steal my family and many other family's farmland to make this canal. Unlike the American landgrabs where the government is obligated to pay for the land, Nicaraguan government can just take the land and leave you with nothing.
Plus, as mentioned in the video, an enormous amount of Nicaraguans rely on Lago de Nicaragua for fresh drinking water. Having that lake invaded by the dense salt water of the Gulf of Mexico would ruin the drinking supply for thousands of people.
Also, one of the volcanoes that make up the island in Lago de Nicaragua is an active volcano that has erupted not too long ago. Its twin is dormant, but with one of the two island volcanoes in that very lake being an active volcano, that will definitely hinder the project and cause doubts among shipping companies to use a potentially volatile shipping route.
As the world population continues to drop and USA stops patrolling the worlds shipping lanes there will be less demand for goods to ship around the planet.Building the canal may never pay off
It’s all POLITICS!!!
love your video
Should have had several canals bye now. Panama could build more canals.
Today the panama canal is in dire straits. Because of lack of rain they cannot operate the locks that often. They are looking again towards mexico but instead of building a canal they will have ports on the caribbean and pacific connected via rail.
While apparently that would actually be quicker once it's set up than sending ships through the Panama Canal, it still has the disadvantage of requiring shipping companies to *have* two ships for each shipment (one in the Pacific and one in the Atlantic). Honestly, I wonder how feasible it would be to dig an actual canal through the Isthmus of Tehuantepec. That would be roughly the same length as the Suez Canal, and the terrain isn't nearly as bad as in Nicaragua.
Nicaraguans have a centuries-old rep as being disorganized according to our Panamanian family & friends! Not much, but there you are...
So why isnt Panama rich?
Panama is extremely well off compared to its neighbors and the other LATAM countries.
Lol, the interest for the finance must be so high. Americans sure know how to make a dollar and hold others to ransom
They have little else beyond what the region allows.....fish and fruit.
0:55 it can cost half a million dollars, but you show half a billion? 😂
shipping is a huge carbon emitter... Time is running out for crazy dreams on this planet.
'civil war broke out just a few years later'
completely without US involvement I am sure
The term 'Banana Republic' came from those wars fought for the fruit companies.