3 ms·
What Iranian drone did a trillion dollars in damages? I'm not saying the general thrust of your argument is wrong, quite the opposite. But that's a big number
by pc86 7mo ago
What Iranian drone did a trillion dollars in damages?
I'm not saying the general thrust of your argument is wrong, quite the opposite. But that's a big number for one drone.
- dlisboa 7mo agoA trillion seems large but it's not that absurd. The drone that shut down 17% of Qatar's LNG capacity is said to have caused 20 billion USD worth of annual lost revenue. They said it'll take up to 5 years to rebuild so that could be 100 billion USD in lost revenue, plus whatever it costs to do the rebuild. A trillion dollars worth of damage seems possible if spread over some years for some countries in the Gulf where shutting down a desalination plant would cause depopulation.
- maratc 7mo ago> that could be 100 billion USD in lost revenue that could be 100 billion USD in deferred revenue, if we assume that LNG is not going anywhere from wherever it's sitting underground, and will be simply extracted and sold later > plus whatever it costs to do the rebuild That is the real cost, which I would assume is nowhere near billions
- dlisboa 7mo ago> that could be 100 billion USD in deferred revenue, if we assume that LNG is not going anywhere from wherever it's sitting underground, and will be simply extracted and sold later That's not how revenue works at all.
- maratc 7mo agoI don't think anyone should have any concern whatsoever regarding Qatar revenues vs. Qatar budgets, as they are nowhere near bankruptcy, with this setback or without. Their position by projected GDP per capita may decrease from 6th (currently) to maybe 10th place in the world, which is still better than about 180 other countries.
- logicchains 7mo ago>The drone that shut down 17% of Qatar's LNG capacity is said to have caused 20 billion USD worth of annual lost revenue. That was a missile not a drone.