Do you know what the Canal got transferred to Panama? Mainly because informed national security officials recognized that it didn’t have the strategic significance it once had in the past, compared to the expense.
Reposted from
Ivan the K ™☑️
CNBC reporter doing an explainer on Trump/Panama Canal, suggests the viewer "can Google how the canal got transferred to Panama."
That's unacceptable, IMO.
That's unacceptable, IMO.
Comments
https://foreignpolicy.com/2024/01/15/panama-suez-canal-global-shipping-crisis-climate-change-drought/
The military bases around the canal were an expense. The canal itself was self-sufficient. The US management was very inefficient and did not used to its full potential. Once it returned to Panama, they have done it a lot better than the US did.