joxmox wrote:

👍

...where America means (only related) private pockets.

"We think the price is worth it"

Recall the energy/oil independence boast of lemmings. China is bound to sell more green tech as well.

Make America Great AGAIN, and FUCK the rest of the world!

USA Today reports that the Middle East is a major source of sulfur, as a producer and a shipper through the Hormuz Straits. 50% of the world's global seaborne trade flow of sulfur go through the Straits.  Sulfur is used in the manufacture of agricultural fertilizer and the processing of low-grade ore to extract valuable metals especially copper. 

With the blockade of the Straits, the US military is facing major shortages of copper that go into military materiel. According to one expert quoted in the article, the US military did not foresee this "prelogistical crisis" bottleneck. 

According to three analysts at the Modern War Institute of West Point, sulfur is also used to extract cobalt and nickel, two valuable materials used in a variety of military equipment. 

According to the analysts, 

https://mwi.westpoint.edu/the-...

THE CHOKEPOINT WE MISSED: SULFUR, HORMUZ, AND THE THREATS TO MILITARY READINESS

Why the Defense Industrial Base Cannot Surge

The central problem confronting US war planners today is not merely that sulfur matters, but that its supply chain is fundamentally broken from a defense perspective. Sulfur is overwhelmingly a byproduct of processing sour natural gas and crude oil, not a commodity that can be scaled independently in a defense emergency. Furthermore, while a significant portion of sulfuric acid is involuntarily produced as a byproduct of smelting sulfide ores, such as copper and zinc, this secondary source is rigid and entirely insufficient to cover a massive wartime surge. This means supply responds to hydrocarbon production and baseline smelting operations, not to urgent military demand for copper or semiconductors. This is the byproduct trap, and it is the reason this prelogistical chokepoint is proving so dangerous: It sits upstream of war production, and it does not obey our demand signals. As sulfuric acid availability tightens, the consequences are unavoidable: Copper extraction slows, battery pipelines are strained, and semiconductor fabrication is impacted.

This has become a paralyzing, real-time problem for the defense industrial base. In theory, the United States government identifies a shortage and issues contracts. In practice, we are now seeing that those tools are utterly ineffective when the constraint is buried in industrial chemistry. A weapons producer is discovering it cannot will more sulfuric acid into existence as markets tighten, and policymakers are learning that a surge in budget authority does not translate into output when the essential reagent for metal extraction is itself constrained. The result is the reality we see today: a defense industrial base tethered to upstream conditions it cannot control and a US joint force discovering that its combat endurance is capped by the invisible industrial foundations needed to replenish it. 

So. Much. Winning. 

Time for the great Soviet cartoon

 haresfur wrote:
Same, but with exceptions. You can read the transcript.

 R_P wrote:

Can't stand spending my time on watching those videos. Written word would be better, but anyway

Of course the war will cause a global financial crisis, but like previous crises, the ultra rich won't be hurt. The US is just counting on other countries being hurt worser and enough Americans supporting the government anyway. At this point I see no way to prevent a GFC. 

The US already controls a huge amount of the economy in other countries. That will shield the US to some degree. Kurt has already said he is fine with people in other countries being forced into poverty as long as it benefits (or in this case buffers) americans. From other statements, it is clear that the trump government and the maga movement are fine with it, too. But I expect it will hurt most in the US. As always the minorities will be hurt more. 

How the Iran War Will Cause a Global Financial Crisis (Yanis Varoufakis) | The Chris Hedges Report

The oil market mess is much worse than you think

Vibes

Make the economy scream