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Is there any relationship between reserve currency, national security and power projection? https://apnews.com/article/shipbuilding-china-united-states-trump-c9
by walterbell 2y ago
Is there any relationship between reserve currency, national security and power projection? https://apnews.com/article/shipbuilding-china-united-states-trump-c995b06f35041e4ca1928e40f53adec5 https://apnews.com/article/shipbuilding-china-united-states-...
> In only two decades, China has grown to be the dominant player in shipbuilding, claiming more than half of the world’s commercial shipbuilding market, while the U.S. share has fallen to just 0.1%, posing serious economic and national security challenges for the U.S. and its allies, according to a report released Tuesday by the Center for Strategic and International Studies. In 2024 alone, one Chinese shipbuilder constructed more commercial vessels by tonnage than the entire U.S. shipbuilding industry has built since the end of World War II.
- 8note 2y agoits kinda funny though, since US lack of shipbuilding is directly the result of protectionist law in the jones act get rid of the jones act, and you get americans on boats again, rather than trucks
- franktankbank 2y agoDo the waterways support ship freight anymore? We'd need to redevelop the Great Lakes and riverways I think.