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Red Sea crisis from Houthi attacks hits world trade as cost of shipping soars by 170% (english.elpais.com)

submitted 8 months ago by boem@lemmy.world to c/world@lemmy.world

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[-] eskimofry@lemmy.world 79 points 8 months ago

Another convenient excuse for the hand of the free market to limit supply and jack up prices even further...

[-] maniacal_gaff@lemmy.world 53 points 8 months ago* (last edited 8 months ago)

I mean, if buttholes are shooting missiles at boats, I think we're beyond "convenient excuses." Do you want to captain a ship through there by chance?

[-] hark@lemmy.world 37 points 8 months ago

Any legitimate situation will be taken to gouge prices far beyond their actual additional costs. So yes, it is a convenient excuse.

[-] theneverfox@pawb.social 5 points 8 months ago

This is the truth. We're now in a place where prices only ratchet up... All they need is a global event, and like beats of a drum, all of the megacorps raise prices in sync

No collusion, no competition, only prices go up

[-] DragonTypeWyvern@literature.cafe 12 points 8 months ago

Did they sink any?

Did literally one person die?

[-] Murvel@lemm.ee 19 points 8 months ago

They're firing fucking rockets at them, isn't that bad enough?

[-] DragonTypeWyvern@literature.cafe 26 points 8 months ago

To nearly double international shipping costs?

No, it's not.

Lmao.

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[-] Reverendender@sh.itjust.works 12 points 8 months ago

Goddamnit, Doritos are already over $5 a bag! And I’m not sure they come from the Red Sea…

[+] theacharnian@lemmy.ca 56 points 8 months ago* (last edited 8 months ago)

[deleted]

[-] jeepwangler@sh.itjust.works 26 points 8 months ago

Didn't expect to see pro-violent Islamic terrorism opinions when I logged into lemmy this morning but here you are

[-] TopRamenBinLaden@sh.itjust.works 14 points 8 months ago* (last edited 8 months ago)

I don't know how you don't see the difference between a political action like a blockade and actual violent Islamic terrorism. There seems to be a disconnect there. The blockade should be praised as a good thing when compared with all the other terrible actions that could've been chosen instead.

[-] Aceticon@lemmy.world 7 points 8 months ago* (last edited 8 months ago)

The funny bit is that the guys he describes as "terrorists" are the ones doing a blockade to try to stop support from some international powers like the US for the XXI century Nazis who are doing their very own final solution on a people of a different etnicity in a ghetto created and militarilly controlled by those same Nazis.

In other words, he's claiming the people who actually have the highest moral ground in the greatest genocide of the XXI century (so far) are "terrorists".

Still, it makes sense that the kind of racist who thinks everybody in that region who follows Islam is a terrorist would be even more enraged that said "terrorists" are trying to stop actual material support for the Genocide being done by the XXI century Nazis who are mass murdering a different etnicity they deem to be "human animals".

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[-] Patius@lemmy.world 16 points 8 months ago

Yeah, or the US just invades Yemen with global support, triggering the regional crisis Iran wanted.

None of the regional powers actually care about Palestine outside of using it as a convenient political excuse.

[-] cecinestpasunbot@lemmy.ml 8 points 8 months ago

Some of the governments of various regional powers may not care. However the Palestinian cause has massive popular support.

In Yemen I think it’s both. The Yemeni people were starved and bombed by the Saudis with lots of US support. It shouldn’t be surprising to anyone that they feel a deep sympathy for what Palestinians are going through.

[-] sudo@programming.dev 5 points 8 months ago

The US will lose to the Houthis faster than they did to the Taliban. The Houthis are far better soldiers than the Taliban an have already been dodging US made bombs for a decade.

But hey, maybe it'll stabilize Red Sea trade long enough for the Zionists to complete their genocide.

[-] guacupado@lemmy.world 7 points 8 months ago

There won't be any goal to police Yemen afterward, which is where the US "lost" (and I'm using that word loosely).

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[-] nbafantest@lemmy.world 10 points 8 months ago

Two generations are about to learn why America has such a large Navy

[-] crystalmerchant@lemmy.world 46 points 8 months ago

And corporations will certainly not use this convenient excuse to jack up their prices immediately, then keep them there after the crisis passes, right? Right?

[-] cultsuperstar@lemmy.world 9 points 8 months ago

They're real good at raising prices. Not good at lowering them. Also good at claiming record profits every year while cutting workforces.

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[-] nicetriangle@kbin.social 35 points 8 months ago

Yeah this isn't gonna go on much longer without a military response, which I am guessing is the plan. Keep spreading the US and allied countries' military attention thinner and thinner.

[-] ashar@infosec.pub 48 points 8 months ago

the other option is to comply with the Houthi demands that the starvation of the people of Gaza be ended and supplies be allowed in accordance with the International Laws

[-] Kbobabob@lemmy.world 24 points 8 months ago

Even if America succeeds in mobilising the entire world, our military operations will not stop … no matter the sacrifices it costs us,” Mohammed al-Bukhaiti, a senior Houthi official, said...

Some of you will die but that's a risk I'm willing to take.

[-] Psychodelic@lemmy.world 11 points 8 months ago

I mean, I think they'd call that an honorable death in some circles.

Don't they see the US as basically the Empire?

[-] Dead_or_Alive@lemmy.world 4 points 8 months ago

I see the level of political discourse in this sub has risen to the level of :checks notes: Star Wars references.

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[-] rayyy@lemmy.world 12 points 8 months ago

No doubt that is why there have been muted responses to attacks - it would look really bad to the world.

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[-] Syntha@sh.itjust.works 19 points 8 months ago

Every major country is affected by this. India and China have as much interest in free passage through the Red See as the US or the EU.

[-] rbesfe@lemmy.ca 16 points 8 months ago

And yet China, who has a naval base in Djibouti, seems to just be sitting back and letting everyone else tackle this

[-] nicetriangle@kbin.social 4 points 8 months ago

Bingo. They know that someone else will do something eventually is my guess.

[-] homura1650@lemm.ee 8 points 8 months ago

Operation Prosperity Guardian is already underway. Unfourtuantly, modern drone technology tilts the scales in favor of the attacker in this sort of situation relative to where it was a decade ago; and commercial shipping companies are not in the bussiness of shipping through active combat zones.

[-] hark@lemmy.world 5 points 8 months ago

They did a good job of spreading themselves thin. Gotta justify that $800+ billion spending.

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[-] sturlabragason@lemmy.world 8 points 8 months ago* (last edited 8 months ago)

Things are starting to sound like the book

https://en.m.wikipedia.org/wiki/The_End_of_the_World_Is_Just_the_Beginning

which goes into a speculated deglobalization timeline with pretty detailed rhetoric.

[-] Deceptichum@kbin.social 16 points 8 months ago* (last edited 8 months ago)

[removed by mod]

[-] aew360@lemm.ee 7 points 8 months ago

You should read it. Pretty much no one understands how the current state of international affairs has been maintained by global trade. The U.S. Navy protects all global trade. Not just trade to and from the U.S., but obviously it’s not a popular domestic position and it doesn’t make much sense for the U.S. to continue anyway. There’s winners and losers, but mostly losers

[-] Linkerbaan@lemmy.world 8 points 8 months ago* (last edited 8 months ago)

What a dumb take. American interventionism exists to rob countries of oil, destabilize them, and make sure they cannot surpass Americ in power.

The entire reason the middle east is chaos right now is because of America. israel is a prime example. A Nazi state that only exists because of America so they can control the region, and it creates chaos and wars.

America isn't doing jack shit for stability. If they wanted stability they would stop the Genocide instead of trying to pick fights with everyone to protect israel.

[-] aew360@lemm.ee 3 points 8 months ago

Israel only exists because of Nazis, but you can go ahead and call them Nazis. The irony is clearly not lost on you.

There has not been a world war since the U.S. has been upholding the international order that has seen countries like China, South Korea, Thailand, Vietnam, Indonesia, Malaysia, India, and many others experience massive economic gains.

The times America has been engaged in conflict since WW2 ended have so much propaganda draped over them that people forget who invaded who first. The North Koreans invaded South Korea to begin the Korean War. The North Vietnamese invaded South Vietnam to begin the Vietnam war. The Iraqis invaded Kuwait to begin Operation Desert Storm. The Serbs tried to genocide the Albanians in Kosovo to begin NATO intervention in the Balkans. The one time the U.S. was totally in the wrong was when Bush lied about Iraq being involved in 9/11, which was completely untrue.

You can have your opinions, but it doesn’t reflect reality. And when the U.S. Navy stops ensuring the free flow of goods, the countries that the U.S. is hurting according to you will be begging us to return the world to the previous order.

Of course, idiots Ike yourself will find a way to blame the CIA for whatever happens because it’s just gotta always be the US’s fault.

[-] Linkerbaan@lemmy.world 8 points 8 months ago

Bush lied about WMD's in Iraq not 9/11. The rest of your comments are all bullshit too but when you claim that israeli Nazis have been defending themselves into stealing all Palestinian land and murdering little children I guess you need some insane alternate history book for your world view to make sense.

[-] aew360@lemm.ee 4 points 8 months ago

Nope, you’re wrong. He started it all with a connection to 9/11. Then they shifted to 9/11 because US intelligence refused to corroborate his lies. But he made those statements as facts. Dude just wanted to finish what his dad didn’t back in the early 90s

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[-] mightyfoolish@lemmy.world 6 points 8 months ago

The world is literally a mess right now. How you define "stable" is literally in terms of your own day to day affairs.

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[-] sturlabragason@lemmy.world 3 points 8 months ago

Sure, but some interesting observations. 😅

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[-] jantin@lemmy.world 11 points 8 months ago

Care to elaborate why is this relevant?

[-] sturlabragason@lemmy.world 11 points 8 months ago

The book goes into some detail why and how the deteriorating global situation will start affecting global shipping and cascading into an array of economic crap scenarios.

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this post was submitted on 06 Jan 2024

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