Depends, I just want to point out that the US is a net exporter of Oil. They also secured oil imports from Venezuela while at the same time in 2 strokes seriously hurt Chinese oil imports.
If the goal was to hurt China / BRICS and kneecap Iran it seems on point.
It's always hard to predict how the USA will vote when "war" is happening.
And it will go higher now. And given the President's hatered for high interest rates and the next fed chairman being a garden-variety lick-spittle, things are not looking up.
They aren't pumping that much oil since Chavez, the expertise for extracting oil was lost during nationalisation. It needs a lot of work to restart extraction, it will take years.
> If the goal was to hurt China / BRICS and kneecap Iran it seems on point.
While also hurting Europe, South Korea, Japan, the Philippines, and many more. Very on point...
It will hurt everyone, Americans included, oil is a global market, fertilisers are a global market, those are basic inputs for probably every single thing produced in the world.
So now all of us around the globe have to pay the price for American Imperialism, compounded by the complete shattering of the USA's soft power as an ally, this will only create more animosity against the USA from all sides. Very on point.
But the USA oil industry can make a buck until everything buckles, or perhaps the USA admin will introduce price controls like in the 1970s, that worked very well too.
> It will hurt everyone, Americans included, oil is a global market, fertilisers are a global market, those are basic inputs for probably every single thing produced in the world.
Only because those countries choose for that to be the case. For example, Saudi Arabia and Russia don't do that. Local prices and export prices are different.
But the US, Canada, the Netherlands, and long list of other countries could make this crisis have zero effect on local prices. They choose to take every excuse to raise prices (in fact the Netherlands goes further: if sales tax on gas raises because prices raise, the amount of tax paid is kept constant if prices drop. So they artificially raise local gas prices. So if gas prices are low, tax on gas has at one point reached 72%), but it is fundamentally a government choice.
>But the US, Canada, the Netherlands, and long list of other countries could make this crisis have zero effect on local prices.
The US Government cannot force US companies to sell at a lower domestic price if they can get a higher price exporting. I know that God-Emperor Trump pretends that he can command the oil sector to make less money, but he can't.
>For example, Saudi Arabia and Russia don't do that
2 countries famous for being beacons of free-market capitalism.
Just because the US won’t literally run out of oil doesn’t mean the economy (or populace) will be unaffected by a supply crunch. As everyone in the country can already see when they go to fill up their tank.
The 'issue' here is that China has good relations with Iran and in talks to guarantee safe passage for their ships, like they had previously with respect to attacks off Yemen by the Iran-backed Houthis.
You are mistaken to assume there was a goal. Trump has admitted he did this because he was told that Iran were about to attack the U.S. not because of any strategic goal.
Of course they do. We gave the DHS (and any other government agency) far too much power and they flex it.
We have so many agencies that can regulate businesses to death without any congressional intervention that it would be beyond idiotic to stand against them.
Not to mention that it's been proven again and again that the American populations attention span is far too short to do anything meaningful about the aforementioned powers / abuses.
Maybe it's age, or the attention I've paid to the erosion of liberties post 9/11. but is this headline a surprise to anyone?
we're talking about the threat of regulation not "must abide by their laws" thing.
It's common in the EU that if you don't do what they say they threaten to put regulations that compel you, but it's still different. it's a threat not a reality. That's the issue my dude.
I think the lament is the rise of the "facts are the enemy" stance is a step towards dystopia.
I recently learned that if we converted all the land we use to grow corn for ethanol (not food) into solar farms the US would produce 84% more energy than it currently produces (from all sources) [1]. Of course that's a huge undertaking, but we're not even talking about it because pesky things like facts are swept aside in lieu of punchy counters like: panels are expensive (they're not), we don't have the land (we do), what about the batteries (solved problem with today's--let along tomorrow's tech), the corn best doesn't get enough sun (it does), etc.
Real reason to remove the facts and archive of the records is so that they're not cited in deportation litigation and government lawyers don't have to argue against the facts the government holds true
It's an interesting time for sure and I'm not clairvoyant but I really don't think "we won't need developers because business people will just vibe code their own apps" is coming any time soon (or possibly ever)
Tbh I think you’re fundamentally misunderstanding the issue (or I am).
It’s not about some single dude disrupting the saas market. It’s about largish companies who already have internal dev teams, slowly weening their company off these ginormous one size fits all saas products and building local, tailored solutions.
It’s death by a thousand cuts from the erosion of their highest paying customers.
I feel the market forces kinda point the other way, though, since the customization of the SaaS is also cheapening, but faster and more targeted than these internal teams. Over time I believe that’ll lead to more, not less, SaaS consolidation.
Let’s put the cost of code production at 0: regulatory compliance with payment processing laws or industry oversight is a recurring job that’s common for the whole industry when it changes. SaaS companies have hundreds of customers to attend, these become first class business functions. New demands won’t be in training data for LLMs, so someone needs to be doing this. SaaS has the funds and customer base to have dedicated experts at these functions, but it’s dead capital and nigh-impossible hiring in a tiny talent pool for the rest of the market… the delta to get Salesforce or SharePoint not to be total ass and fully customized is orders of magnitude smaller than detailing those foundations, and as people who sharecrop on platforms like those know, the devil is always in the details. Those internal teams just aren’t positioned to juggle both sides of that coin, they can’t be experts, mistakes can be existential, and the liability picture is so very ugly… coding is the least of it.
Into this, MBAs are not static. It’s not gonna take more than a few “vibe coding ate our CRM data” high profile snafus, or industry think pieces to map out why customization is faster/better/smarter, to get clear business dogma around this. A witty turn of phrase about focusing on your actual business.
I think ‘no one ever got fired for hiring IBM’ x 5 is on the horizon, and the evil marketers at Salesforce, MS, and the rest are gonna work hard to grow their piece of the pie. They have LLMs too, only with better models and unlimited tokens. And our executives will be checking directly with their LLMs about how to invest (the consultants, journalists, fanboys, and social media bots too…).
If the goal was to hurt China / BRICS and kneecap Iran it seems on point.
It's always hard to predict how the USA will vote when "war" is happening.
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