this post was submitted on 01 Apr 2026
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[–] kandoh@reddthat.com 2 points 1 hour ago

They've been nailing their covers recently

[–] Triasha@lemmy.world 4 points 1 hour ago

China has 4-6 months national use in their oil reserves and they have a pipeline to Russia, but if this goes long enough they will starve and their economy will crash.

Currently, China is watching America set itself on fire, but those flames are spreading.

[–] disorderly@lemmy.world 37 points 4 hours ago (3 children)

I'm not normally a huge fan of the economist, but I'd be genuinely interested to hear their perspective on this (if I could find an archive). They are a pillar of the fiscal conservative camp, but they tend to be quite insightful on international politics.

I have been wondering if this is the focal point in the US / China power transition. Iran is not just another tiny state the US can muscle in on, it's a global economic and population power, and its influence in the region (most obviously on shipping trade) hurts everyone. The open question is whether it hurts manufacturers or the Petro dollar more, though I suspect it's the latter.

[–] notwhoyouthink@lemmy.zip 2 points 36 minutes ago

The US has been showing its ass globally for a while now, and with this administration its showing its whole hand.

[–] panda_abyss@lemmy.ca 7 points 3 hours ago

I DMed you a gift link

[–] samus12345@sh.itjust.works 10 points 3 hours ago (1 children)
[–] homes@piefed.world 0 points 2 hours ago
[–] homes@piefed.world -1 points 2 hours ago