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SubiculumCodeyesterday at 9:11 PM3 repliesview on HN

I think this is incorrect. The point is to show that if Iran does this, then they will not be the only ones that can do it. The last thing that should happen is to reward Iran for rent seeking on the Strait. Others can also seek rent then, and the whole strait gets shut down..which encompassed around 90% of all Iranian oil exports, which in turn was about 90% of their economic exports.


Replies

tehjokeryesterday at 9:35 PM

There is truth to this but it's basically we'll hurt ourselves to hurt you more. This is a lose-lose strategy.

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etdznotstoday at 2:08 AM

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throwaway27448today at 3:16 AM

Why is it so bad that countries want rent over the areas they control?

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