September 2026: The world today, as seen by one Polish guy
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September 2026: The world today, as seen by one Polish guy
Unofficial Hacker News client; not affiliated with Y Combinator.
jakozaur · · focus · HN ↗
The war in Ukraine is a tragedy, but it has proved that Russia is weak. The price shock will speed up the transition to renewables, and Iran is losing its grip on Hormuz. So many of the other issues are solvable.
It's easy to be a pessimist, but there's a bright future ahead of us.
traceroute66 · · focus · HN ↗
Remember this is a war that Iran has spent 40 years planning for.
Netanyahu has been doing the same "two weeks away" stand-up comedy since 1992.
Netanyahu asked every single US president. They all took advice and then went back with a polite "thanks, but no thanks".
You don't need to have access to super-secret intel to know going into this frivolous war was a very stupid idea. You just need to look at a standard map and use your brain.
Finally Mr Netanyahu found a stupid enough US president.
And the problem with the current US president is he won't accept a loss.
He is not the sort of person willing to accept he has bitten off more than he can chew.
Nor is he the sort of person who is willing to sit down and have a proper negotiated discussion. Infact he's the very person who just tore up the JPCOA seemingly just because he doesn't like Obama.
Nor is he the sort of person willing to learn from Iraq or Afghanistan.
So we have a stalemate. And a US president who doesn't believe in diplomacy, old-school politics or anything else.
And this stalemate is not one that is going to be resolved with more military firepower. Again, just look at the map....
TheOtherHobbes · · focus · HN ↗
It's at everyone else's expense, but so is everything else they do.
traceroute66 · · focus · HN ↗
Its not my area of expertise by any means, but I would perhaps point out the US Strategic Petroleum Reserve chart[1] which is at its lowest level since 1982.
Also do not forget the oil and LNG needs to be transported and that is becoming increasingly difficult and expensive.
It may well be that the artificial party cannot go on forever.
[1] <a href="https://en.macromicro.me/charts/41674/us-strategic-petroleum-reserve" rel="nofollow">https://en.macromicro.me/charts/41674/us-strategic-petroleum...
tancop · · focus · HN ↗
ragebol · · focus · HN ↗
Might be the case, but that doesn't refute the argument? Maybe an empty reserve is even better for the (US) oil corps, financially.
digdugdirk · · focus · HN ↗
To your point about oil and LNG being expensive to transport - that just means oil corps can turn down production at the locations impacted, and jack up the prices for whatever is produced in the locations that aren't. Lower operating costs + higher revenues = profits.
It really is a perfect storm for massive returns for the major players. As a bonus, it's impacting the Saudi and Russian national players, which are their toughest competition since they don't need to file any quarterly reports. I agree that it can't go on forever, but the oil industry is rolling around in money like Scrooge McDuck in the meantime.
GolfPopper · · focus · HN ↗
bdangubic · · focus · HN ↗