jje100010001
kiwifarms.net
So what this whole affair tells me is that if Iran, Hezbollah, Yemeni rebels or anyone else with modest state backing wants to wreak absolute fucking havoc on the West, all they have to do is drop half a dozen mines in the canal or blow up one big tanker and blam - 5 months of lack of supplies to North America.
It would be like the plot of Casino Royal. Someone shorts Amazon stock by millions and then blows up a cargo ship, making a trillion dollars as the Bezos warehouses run empty.
The more efficient a system, the more fragile it becomes. Is that some sort of engineering principle? Because our global trade infrastructure has become very efficient indeed.
Not efficient. Complexity and overly centralized.
That's the fundamental crisis of the modern economy- it's become so 'efficient' (in financial terms) that nearly every single failsafe has been removed. It's not efficient IRL (manufacturing nearby allows you to do better product testing), but it's more expensive than paying a legion of Chinese farmworkers pennies for what they do.
It's a crisis waiting to happen, and if Western politicians had any sense (they don't), they would be calling for the repatriation of mission-critical manufacturing back to their continents.