← Back to context

Comment by MengerSponge

19 hours ago

You don't even have to scare everyone. You just have to scare the insurers. Without insurance ships won't sail. The exposure is huge, so a small blip in risk makes all the modeling go kerplooie. Traffic stopped when the insurers said drop the anchors.

To restore traffic, we need that risk to return to previous levels, which requires diplomacy and trust. I don't expect resolution any time soon.

Impeachment, and then we could get there. It's not impossible.

  • With JD Vance things will go even worse

    • From all I've seen, he actually argued against this war prior to paying lip service to it. He'd be an improvement.

    • I thought Vance was the actual isolationist America first guy? Not Trump kind who's opinion changes based which authoritarian he last had a phone call with.

      In this specific case maybe Vance is least worst option.