• Paragone@lemmy.world
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    11 hours ago

    Tanker-insurance is impossible to get, now, therefore there simply won’t be any ships going through, until that gets remedied.

    & it won’t get remedied until MUCH more than “an assertion that it’s clear” is in-place.

    https://shanakaanslemperera.substack.com/p/actuarial-warfare-how-seven-insurance

    It’s going to be 1/4y MINIMUM before ships begin going through, again, from the looks of that…

    maybe closer to a year.

    Dominoes got BIG, thanks to the economic-rules underpinning everything in industry…

    _ /\ _

    • Echo Dot@feddit.uk
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      10 hours ago

      If only this wall could have been prevented. Sadly that was impossible since the US started it for no reason at all, oh wait.