Oh get off your nostalgic high horse. She's 43 years old and has made exactly zero money for the last five.
And really it's hardly a surprise that the hotel plans fell through, the company that owns her has been trying to flog her of for the last four.
In all honesty I completely agree with everything Thiel said.
The real big problem is that scrappers in China sometimes work under appalling conditions, which is why I cringe every time I hear a ship being scrapped in China (or India).