Clive’s Titanic II sinking?

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From The Australian:

CLIVE Palmer’s $500 million plan to build the Titanic II remains high and dry, with little sign that work has even started on the project, which is already at least two years behind schedule.

Workers at the CSC Jinling shipyard in Nanjing, in China’s eastern Jiangsu province, are sceptical that the ship, originally planned to launch next year, would ever be built. Dozens of workers at the shipyard said they had been informed of the Titanic II plans, but the project was yet to be given the formal go-ahead.

That would be a terrible shame.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.