this post was submitted on 06 Jan 2024
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[–] eskimofry 67 points 11 months ago (2 children)

Another convenient excuse for the hand of the free market to limit supply and jack up prices even further...

[–] maniacal_gaff 38 points 11 months ago* (last edited 11 months ago) (17 children)

I mean, if buttholes are shooting missiles at boats, I think we're beyond "convenient excuses." Do you want to captain a ship through there by chance?

[–] hark 37 points 11 months ago (1 children)

Any legitimate situation will be taken to gouge prices far beyond their actual additional costs. So yes, it is a convenient excuse.

[–] [email protected] 5 points 11 months ago

This is the truth. We're now in a place where prices only ratchet up... All they need is a global event, and like beats of a drum, all of the megacorps raise prices in sync

No collusion, no competition, only prices go up

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[–] [email protected] 11 points 11 months ago

Goddamnit, Doritos are already over $5 a bag! And I’m not sure they come from the Red Sea…

[–] crystalmerchant 47 points 11 months ago (2 children)

And corporations will certainly not use this convenient excuse to jack up their prices immediately, then keep them there after the crisis passes, right? Right?

[–] cultsuperstar 9 points 11 months ago (1 children)

They're real good at raising prices. Not good at lowering them. Also good at claiming record profits every year while cutting workforces.

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[–] [email protected] 31 points 11 months ago (8 children)

Yeah this isn't gonna go on much longer without a military response, which I am guessing is the plan. Keep spreading the US and allied countries' military attention thinner and thinner.

[–] [email protected] 31 points 11 months ago (8 children)

the other option is to comply with the Houthi demands that the starvation of the people of Gaza be ended and supplies be allowed in accordance with the International Laws

[–] Kbobabob 18 points 11 months ago (1 children)

Even if America succeeds in mobilising the entire world, our military operations will not stop … no matter the sacrifices it costs us,” Mohammed al-Bukhaiti, a senior Houthi official, said...

Some of you will die but that's a risk I'm willing to take.

[–] Psychodelic 9 points 11 months ago (2 children)

I mean, I think they'd call that an honorable death in some circles.

Don't they see the US as basically the Empire?

[–] Jonna 3 points 11 months ago

George Lucas certainly did. The Vietnam War was part of the inspiration for Star Wars.

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[–] rayyy 9 points 11 months ago

No doubt that is why there have been muted responses to attacks - it would look really bad to the world.

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[–] [email protected] 19 points 11 months ago (1 children)

Every major country is affected by this. India and China have as much interest in free passage through the Red See as the US or the EU.

[–] [email protected] 14 points 11 months ago (5 children)

And yet China, who has a naval base in Djibouti, seems to just be sitting back and letting everyone else tackle this

[–] [email protected] 4 points 11 months ago

Bingo. They know that someone else will do something eventually is my guess.

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[–] [email protected] 8 points 11 months ago

Operation Prosperity Guardian is already underway. Unfourtuantly, modern drone technology tilts the scales in favor of the attacker in this sort of situation relative to where it was a decade ago; and commercial shipping companies are not in the bussiness of shipping through active combat zones.

[–] [email protected] 5 points 11 months ago* (last edited 11 months ago)

NATO has so many resources, it's the entire purpose of NATO.

Saying the resources are being spread thinner is a undebatable fact but I would say not every military/country in NATO had even CLOSE to 100% of people working on Ukraine before Israel piped up.

NATO can handle a lot more of this shit

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