68 karma · joined April 9, 2014
Internally there's have been development in renewal energy, but these have been done by investors close to the Government and they mostly sale each watt as it was produced from bunker. This is possible because they own all the energy business in the country.
So my point is that maybe a poor borrower investing in a bad business will end up poorer. Other scenario, mentioned in the article, are poor people lending money for non productive expenses.
A basic financial advice applies here: Invest in a productive business and try not to borrow money for non productive expenses.
Comparing the App Store with 20 years old methods is a fallacy. To be realistic you should compare using the Android/Mozilla/Windows/Web distribution methods.
I think that this project is not really about a canal. That's a mouse trap. It's about a possible oil in the atlantic coast what Ortega and Co. are seeking. The treaty that was signed between HKND and Nicaragua gives the right to HKND to appropriate "any land" it may require for the project. Few days later of the singing, a British oil explorer announced a "very possible" presence of oil in the atlantic coast of Nicaragua.