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Nope, you print more dollar we keep buying more dollar. No other currency has the backing of the US military. Your container is in danger from Houthis? SBF is
by whatever1 3y ago
Nope, you print more dollar we keep buying more dollar. No other currency has the backing of the US military.
Your container is in danger from Houthis? SBF is not coming for help, neither the Chinese. The US navy comes.
You wanna operate you business in a failed state? Guess what, the CIA is there for you.
So yes, the value of US dollar is infinite.
- ein0p 3y agoThe US navy has failed miserably against the Houtnis though.
- JumpCrisscross 3y ago> US navy has failed miserably against the Houtnis With the benefit of hindsight it was a damned clear success. At the time it looked limited. But strikes have subsided [1]. And the Houthis’ situational awareness is so poor they’re potting the Russians [2]. [1] https://en.m.wikipedia.org/wiki/Red_Sea_crisis https://en.m.wikipedia.org/wiki/Red_Sea_crisis [2] https://maritime-executive.com/article/houthi-missile-damages-shadow-tanker-carrying-russian-oil https://maritime-executive.com/article/houthi-missile-damage...
- somenameforme 3y agoAs per your link, they've struck 3 ships in the past week and targeted but missed another, and the US is now trying to achieve a diplomatic solution with them.
- JumpCrisscross 3y ago> they've struck 3 ships in the past week The article says they struck one, the one carrying Russian oil, and targeted (but did not strike) two others. No strikes the U.S. would care about. It looks like the U.S. is pursuing a counterbattery strategy in Yemen. Keep assets remote. Watch for enemy fire. Use their revealing their locations by firing to counterstrike. It's a safe, effective but slow strategy. I was premature to call it a success--the Red Sea hasn't re-opened. But the risk to global trade has been sidelined to the extent that the entire debacle is a negigible sideshow.
- somenameforme 3y agoFrom the Wiki page: "In April, Tim Lenderking, the United States special envoy for Yemen, stated that he hoped to achieve a diplomatic solution with the Yemeni Houthis in regard to their attacks, and that the US would consider removing the Houthis from its designated terrorist list if they ceased their attacks." You can check the status of the blockade here. [1] Scroll down to the bottom, and they have a regularly updated graph of traffic through the Suez. US airstrikes started January 12th. [1] - https://portwatch.imf.org/pages/c57c79bf612b4372b08a9c6ea9c97ef0 https://portwatch.imf.org/pages/c57c79bf612b4372b08a9c6ea9c9... (be sure to change the date range. it defaults to 3 months which misses the impact of the blockade, given it began more than 3 months ago)
- JumpCrisscross 3y ago> status of the blockade Blockade means blockade. This is a traffic rerouting. It's a bit nutty to say the U.S. vs Houthis is in any way a policy failure for the U.S. The threat was reduced and then it ceased to be pressing. Contrast that with the oil markets before the U.S. intervened. > the United States special envoy for Yemen, stated that he hoped to achieve a diplomatic solution with the Yemeni Houthis Sure, this was never contested. Again, they're an irrelevant fighting group. What's desired is for the missiles to stop so they can go back to threatening the Saudis and we can reposition naval assets from playground patrol duty.
- somenameforme 3y agoOn the linked graph, be sure to expand the date out to "all" or at least the past year. It defaults to a 3-month window, which obviously misses the impact, since the blockade began more than 3 months ago. Not only has the threat not been reduced whatsoever, but there are substantially fewer ships traversing the Suez today than when the US began its air strikes! The nice thing about this military intervention, relative to most, is that the results are objectively and quantifiably measurably.
- JumpCrisscross 3y ago
- emptysongglass 3y agoThe US has shown only shameful inaction with the Houthis.