Posted on 12/19/2023 9:59:10 AM PST by SeekAndFind
Joe Biden's economy is a disaster, but that doesn't mean it can't get worse.
A couple of little publicized commerce/transport events make new problems, specifically, shortages of consumer goods, all but certain.
Start with what's going on around the Saudi Arabian peninsula, where Houthi rebel rocket and drone attacks on ten commercial ships has reached crisis levels, and major shipping lines, such as Maersk, have opted to go around the horn of Africa the way Magellan had to do, in order to deliver their cargo loads to Europe and beyond.
According to the trade publication Insurance Journal:
Shipping in the Red Sea is grinding to a halt with oil tankers idling and container vessels rerouting around Africa as violence linked to the Israel-Hamas war threatens to undermine the global economy.
Two European oil and gas giants said Monday that their tankers would avoid waters off the coast of Yemen — an unavoidable waypoint for ships using the Suez Canal to cut between Europe and Asia. They join major container shippers who pulled out of the area last week as Iran-backed Houthi militants stepped up attacks in support of Hamas.
Jazz Shaw at Hot Air points out that the plan of action announced by Defense Secretary Lloyd Austin is a pretty weak one, lots of ships shooting down rockets and drones, amounting to swatting cockroaches as he compared it, instead of going for the nest. Biden, see, doesn't want to anger the Houthis' sponsor, Iran, he noted.
Meanwhile, down at the border in the Del Rio sector, cross-border commercial train traffic is being halted so that Border Patrol agents can give the crush of unvetted illegal migrants speedier customer service, known as "processing" so that they will be free to move about the country sooner.
(Excerpt) Read more at americanthinker.com ...
We wouldn’t have to protect shipping if the sand people were blown to their 72 Helen Thomas looking virgins for attacking cargo ships. There is also the knowledge that Chomo Joe will do nothing when some s hole dwellers can attack history’s most powerful nation and nothing will happen.
bttt
Why does the U.S. have to protect shipping when the ships aren’t American?
Freedom of the seas and world trade... globalism, pretty much.
Iran is another one, for whatever that’s worth.
Bidenomics at work.
Build back better really meant, Tear is all down, then build it back better. They are in the tear it all down phase and have no plans to build back better.
The US does kind of have an interest in international trade.
The ship is owned by a Danish company.
It flies a Panamanian flag.
It is traveling from Singapore to Rotterdam.
What the hell is America’s interest in protecting this ship?
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