2min chapter

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781: Peter Zeihan | Mapping the Collapse of Globalization

The Jordan Harbinger Show

CHAPTER

Why the US Navy Shouldn't Go After Chinese Shipping

Europe has set up an environment with this price cap, where a lot of countries in Northern Europe now have a financial and security reason to go after Russian shipping. And I can totally see the US Navy, the guarantor of global maritime shipping stopping the oil flows from the Persian Gulf to the Chinese coast. The whole world doesn't have to be a no-sale zone. You just need to happen in a handful of environments to raise the cost of shipping to a point that most manufacturing no longer makes sense. We are in an environment where that is plausible.

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