Earlier quoted context omitted.
That doesn't exactly limit the impact of cutting off the supply. It's a global trade market. If China buys on the global market from other places instead of Iran because that oil isn't available, that still creates a shortage for everyone and that still pushes up the price of oil for everyone.
Sure. But the US has substantial domestic production. So China (and everyone else who has to import the majority of their oil) gets hurt more.
Miscellanea: The War in Iran
771–780 of 1001 posts
Re: Miscellanea: The War in Iran
#772Earlier quoted context omitted.
As evidence supporting the "bright side" outcome of this conflict, two separate people I know here is Australia have fast-tracked a decision to replace their ICE vehicles with an EV. It only took a week's sticker shock at the fuel bowser to take them from "Eh, sometime next year" and "comparing a hybrid with ICE" to "Buying a BYD car ASAP". I'd be curious to know if there has been any significant effect of the market…
> the fuel bowser The what? > "Buying a BYD car ASAP" A what kind of car?
Re: Miscellanea: The War in Iran
#773Earlier quoted context omitted.
It really is crazy that environmentalists were like, "hey look, free energy," and suddenly everyone started screaming "No, boo! We like the way things are!" I have a friend who has never used an induction range before that is dead set that he never wants one. I just don't get it.
...What does induction cooking have to do with renewable energy?
Re: Miscellanea: The War in Iran
#774Earlier quoted context omitted.
You can view it like that, but most people don't. At least the people involved manning those tankers don't. And why should them? It appears that the Iranian armed forces started acted quite autonomously, by design. They know that communications are not secure, so local commanders have a very high latitude in what actions they deem correct to take. If such a commander deems that asking and collecting $2 MM per vessel…
I mean ships are going through right now, so clearly at least some people do view it like that.
Re: Miscellanea: The War in Iran
#775The Straight of Hormuz is open to any country willing to pay $2M per voyage. Any country except the U.S. and Israel. The most important aspect of the "toll" is that Iran prefers payment in yuan, not dollars. If Iran succeeds in nationalizing the Straight and is successful in enforcing the toll, it represents a very serious threat to the dominance of the U.S. Dollar as the world's reserve currency for trading energy.
USD dominance isn't going anywhere, because all of the critical metrics are still basically uncontested by any alternative. China and Russia are losing allies left and right. They're demonstrating that they support terrorism. Nobody is going to decide that their currencies are the new hot thing. China poses a huge threat, but some of their worst advantages aren't viable. We know things they have, so we tell them thin…
Re: Miscellanea: The War in Iran
#776The war should be over by March 31st. Netanyahu has a deadline. He is facing a snap election. If the Knesset doesn't pass a budget by March 31st, Israel votes 90 days later, and Netanyahu is not expected to win. Worse for Netanyahu, he's on trial for corruption charges, and once he's out of office, he's probably headed for jail. The war was intended to give Netanyahu's popularity a boost, but that did not work out. […
Re: Miscellanea: The War in Iran
#777Re: Miscellanea: The War in Iran
#778Earlier quoted context omitted.
> A war continuous until one side has caused the other more suffering than it can take. The article is in large parts about how that's not true. It makes the point that the very existence of the Iranian regime hinges on its opposition to the US, to capitulate would mean for the leaders to lose all support, be overthrown and likely die: so there's no level of suffering that it "can't take anymore". And similar in the…
The Iranian regime is unlikely to capitulate fully. They don't want to end up like Syria and Lebanon, where Israel can just bomb them at will. Trump has more flexibility. Really all he needs is an endpoint that FOX News is willing to describe as a US victory. He cares more about image and perception than reality. So, in that space, there is probably room for some negotiated outcome.
Re: Miscellanea: The War in Iran
#779Earlier quoted context omitted.
I have been thinking about this scene a lot recently: https://m.youtube.com/watch?v=hj_4KIKHRFY&t=60s America is isolating itself in so many ways. You could rewrite that scene and reach the same conclusion.
What specifically about that scene? Video won't load for many HN readers. Apparently it's "The Wind Rises: The Looming War", a Japanese anime film. https://en.wikipedia.org/wiki/The_Wind_Rises >
https://www.cornel1801.com/animated/Wind-Rises-2013/video-qu...
- It is a nice night. Hier ist Der Zauberberg.
- "The Magic Mountain" Thomas Mann.
- Yes. A good place for forgetting. Make a war in China. Forget it. Make a puppet state in Manchuria. Forget it. Quit the League of Nations. Forget it. Make the world your enemy. Forget it. Japan will blow up. Germany will blow up too.
This recklessness is a theme I keep seeing when reading about preludes to major war. There is always a side who wants diplomacy to fail and war to break out. It seems to me like the American administration is champing at the bit for a war of aggression.
Re: Miscellanea: The War in Iran
#780Earlier quoted context omitted.
"History has practically zero examples of foreign-caused popular revolts" You should go take a look at what Lenin and many other communists was doing and where he was physically right before the October revolution... Also, Haiti slave revolt was heavily influenced by the French revolution. Also, uhh the Taiping Heavenly Kingdom?
> You should go take a look at what Lenin and many other communists was doing and where he was physically right before the October revolution To what effect? The only other successful Communist revolution prior to the conclusion of the October revolution was the one in Mongolia [1]. It built on decade-old revolutionary ground [2]. (Finland, meanwhile, was seceding from White Russia.) Trying to cause a revolution from…
Are you just blindly ignoring all 'regime changes' supported/caused by US (i.e. from abroad) since WW2?
Some of them do not work (this one is especially botched). Many, many have succeeded (the initial change), with typically less successful outcomes over longer time frames.
And you are totally missing the point of the remark about Lenin and Germany's part (essentially sending him to destabilize Russia in order to help their WW1 efforts - succeeded wildly beyond expectations, to disastrous long term consequences)