RE:RE:RE:Programme aired on W5 Singoa58 wrote: Panamanian work 6 days a week and make under 4 per hour... grossly underpaid because panama is not cheap
"Panama is not cheap"??? Compared to what? It's cheaper than Canada.
https://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Canada&country2=Panama
"Grossly underpaid" Compared to who? If FM found 7,000 workers to work there how underpaid can they be? And what about the 33,000 directly related jobs to Cobre??? That's going to end up being 40,000 unemployed people..."grossly" unemployed?
NOTHING in the world is black and white. Panama allowed this mine to open after years and YEARS of negotiation and construction. Now that all the money has been spent/invested Panama is just going to shut it down? Take a 5% hit to its GDP and let 75% of its national exports just vaporize overnight. ?
Like that makes any sense! And if FM just walks away tomorrow the enviromental result will be even worse! Count on it!
Two things are for sure: Panama IS a third world country and it sure does not have to worry about any other mine being built in the country ever again.