Hacker News Reader

It is just getting started. The revenge is yet to come when it increasingly displaces the dollar in international trade, with most Americans staying in total denial until the very end.

View on HN

It simply cannot until China can be as seafaring as the US Navy and guarantee trade flows. Without guaranteed trade over the ocean, you'll see a more traditional alignment of vassal states and colonialism based on technology, geography, and ability to project/protect power.

Dread it, run from it, multipolar world returns all the same.

Doesn't really affect what currency you use though. The no 2 currency for trade is the Euro and they have basically no navy.

What is this guaranteeing of trade flows over the ocean that I keep hearing about when Houthis have effectively blockaded the Red Sea ? Operation prosperity guardian is a failure

It's the thing that allowed states to move out of colonialism post WW2. The American fleet is a fraction of what it used to be, and the populace appetite for a war glassing the Houthis where the US benefits very little is non-existent.

Could the US turn their might on any nation in the middle east and end their ability to wage war and affect this? Absolutely. Is it worth it in an election year? Not to this administration.

Reply on news.ycombinator.com