Yesterday I cited the headline making part of the Harvard/Harris poll: Majority of Americans 18-24 think Israel should 'be ended and given back to the Palestinians.' The survey, conducted this week by Harvard-Harris polling, found 51% of Americans between the ages of 18 and 24 said they believed the long-term answer to the Israel-Palestinian conflict was for "Israel to be ended and given back to the Palestinians.
Remember that the Suez Canal was closed for 8 years from June,1967 until June,1975 the world somehow did not end. Expensive and inconvenient for shipping, no doubt about it, of course back then reasonable, rational folks were in charge, nowadays idiots, maniacs and the demented are in power, maybe we are doomed?
Be of good cheer, creepy crooked Charles McGonigal sentenced to 50 months in prison:
I don't see why closing the Suez Canal if Middle Eastern hostilities escalate should be such a big deal. Container ships from China and other Asian ports could simply sail into the Persian Gulf and off load in, for example, Bandar Abbas, for trans shipment by rail across Iran to, say, the Caspian Sea, thence to Russia and on through Ukraine to Western Europe. Easy peasy.
True enough Tex! Not to mention that “fear porn” was not being constantly served up. Maybe not “doomed”, but I’d say definitely heading for hard times that the world hasn’t seen in some time.
RedState is saying that Austin is going to announce the formation of a coalition to maintain shipping lines in the Red Sea. What could possibly go wrong with that exercise?
Always a good idea to throw gasoline on an out of control fire. Of course with Austin’s stunning record of success as Sec of Defense, oh, wait.
Looks very much like this Red Sea situation could be the flash point that lets the Dogs of War off of their leashes. Too much saber rattling, too much poor or non-existent diplomacy, too many chips on collective shoulders and way, way too much arrogance and bluster in the mix for this to end well.
Haven't heard much of anything from Egypt's perspective on the reduced traffic in the Suez canal. I know when I worked in Panama a few years ago the cost for large container vessels was ~$300K each transit payable via wire transfer to the government of Panama. One would assume Egypt's fees would be similar if not much higher and with loss of revenue from shipments through the canal one would wonder why they haven't been more vocal/helpful.
I have always had a sneaky suspicion that the rates couldn’t stay higher for longer for just such a reason. The minimum interest payment on the debt was ballooning too much, too fast. But they still have a problem of attracting buyers of the debt. Only so many forced buyers exist. Too much supply and not enough demand for the debt may very well expose the house of cards sooner, rather than later. But in the mean time it is the typical short termism, just get through the election and save the Regime. Managing from one crisis to the next.
Remember that the Suez Canal was closed for 8 years from June,1967 until June,1975 the world somehow did not end. Expensive and inconvenient for shipping, no doubt about it, of course back then reasonable, rational folks were in charge, nowadays idiots, maniacs and the demented are in power, maybe we are doomed?
Be of good cheer, creepy crooked Charles McGonigal sentenced to 50 months in prison:
https://twitter.com/GeorgePapa19/status/1735481435388031345
I don't see why closing the Suez Canal if Middle Eastern hostilities escalate should be such a big deal. Container ships from China and other Asian ports could simply sail into the Persian Gulf and off load in, for example, Bandar Abbas, for trans shipment by rail across Iran to, say, the Caspian Sea, thence to Russia and on through Ukraine to Western Europe. Easy peasy.
Oh wait...
True enough Tex! Not to mention that “fear porn” was not being constantly served up. Maybe not “doomed”, but I’d say definitely heading for hard times that the world hasn’t seen in some time.
RedState is saying that Austin is going to announce the formation of a coalition to maintain shipping lines in the Red Sea. What could possibly go wrong with that exercise?
Always a good idea to throw gasoline on an out of control fire. Of course with Austin’s stunning record of success as Sec of Defense, oh, wait.
Looks very much like this Red Sea situation could be the flash point that lets the Dogs of War off of their leashes. Too much saber rattling, too much poor or non-existent diplomacy, too many chips on collective shoulders and way, way too much arrogance and bluster in the mix for this to end well.
Off topic, but interesting none the less:
https://www.skynews.com.au/world-news/united-states/lost-the-plot-joe-biden-knows-hes-finished/video/232ec63bf5d85bf79bac83290ee095da
Haven't heard much of anything from Egypt's perspective on the reduced traffic in the Suez canal. I know when I worked in Panama a few years ago the cost for large container vessels was ~$300K each transit payable via wire transfer to the government of Panama. One would assume Egypt's fees would be similar if not much higher and with loss of revenue from shipments through the canal one would wonder why they haven't been more vocal/helpful.
Egypt has been in Yemen before…
https://foreignpolicy.com/2015/04/03/egypts-vietnam-yemen-nasser-sisi/
And it’s been labeled Egypt’s Vietnam.
I see that by reading the article. With Iran as the Houthi's backstop no one stands a chance. It is what it is now.
I have always had a sneaky suspicion that the rates couldn’t stay higher for longer for just such a reason. The minimum interest payment on the debt was ballooning too much, too fast. But they still have a problem of attracting buyers of the debt. Only so many forced buyers exist. Too much supply and not enough demand for the debt may very well expose the house of cards sooner, rather than later. But in the mean time it is the typical short termism, just get through the election and save the Regime. Managing from one crisis to the next.