The vibes I'm getting with this Suez story is similar to the ones in early Feb 2020 with Covid. Most people are sleeping on this, mostly joking that it's a non issue that would be resolved quickly.
I have a feeling the system is way more fragile than we realize. Shutting down 10% of global shipping routes indefinitely can mean disaster. Not just a 10% bump in some commodity prices.
We're not thinking this through far enough.

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