While true, without a drastic market squeeze, those who have the money won’t invest it into alternative options until the cost of the status quo is higher than the alternatives for a long enough time
If memory serves, people tend to get overthrowy when their “leaders” allow them to get hungry. Not saying it’s a good thing for people to starve, just saying that something will have to give if we are to do better than the status quo. The obvious downsides of this whole thing that numerous people loudly pointed out before (and still pointing it out) Trump started his stupid power grab including the straight are just coming true and at some point there stranglehold he and his ilk have on the people will break
Problem is, not just oil went thru Hormuz, but a good part of all the other trade goods.
While true, without a drastic market squeeze, those who have the money won’t invest it into alternative options until the cost of the status quo is higher than the alternatives for a long enough time
The fertilizer is the real issue from a blockade. A “squeeze” on food markets generally kills people.
If memory serves, people tend to get overthrowy when their “leaders” allow them to get hungry. Not saying it’s a good thing for people to starve, just saying that something will have to give if we are to do better than the status quo. The obvious downsides of this whole thing that numerous people loudly pointed out before (and still pointing it out) Trump started his stupid power grab including the straight are just coming true and at some point there stranglehold he and his ilk have on the people will break