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These microcrises are all to be expected. Globalization is coming to an end. As China and Russia become more militant, and the US becomes more insular, pax am
by AtlasBarfed 2y ago
These microcrises are all to be expected.
Globalization is coming to an end. As China and Russia become more militant, and the US becomes more insular, pax americana's guarantees of freedom of the seas will wane. Perhaps not to the degree that people like zeihan think it will, but this is an example.
Will know if the US decides to bomb the houthi rebels into Oblivion which is what would have happened about two decades ago.
The main reason behind this is because petrol shipping was the prime reason underlying globalization and free seas.
But with the bakken shale the US is oil independent, and it can defend whatever exports shipments it wants. Also, solar wind and EVs are the harbinger the end of the oil age. Yes, we'll still use petroleum but the demand will greatly diminish, to the point that it is no longer a primary concern of US foreign policy and military strategic policy.
- shiroiushi 2y agoI'm surprised Egypt hasn't taken military action: they own the Suez Canal, so the Houthi actions are greatly harming their revenues from that.
- cjbgkagh 2y agoEgypt is facing a ton of pressure from the Muslim population to act against Israel, not fighting the Houthi's on this, while expensive, is still cheaper than doing anything directly.