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OT: American Politics

CH1 said:
Sadly, a closed Hormuz hurts Europe and Japan a lot more than the US (which produces it’s own energy)
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It pushes them onto the spot market and fucks them harder now, but when existing supply contracts end and new ones are signed at todays pricing, everyone feels it. A rising tide drowns all swimmers, eventually.
 
CH1 said:
Ultimately there’s no place to hide in our global economy— that’s why Trump is such a disaster
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every smartie pants I've heard opine on the matter suggests that the US is the most sensitive major economy in the world to energy cost shocks regardless of being a net exporter.
 
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