Comments by "Louis Giokas" (@louisgiokas2206) on "The Collapse of Global Maritime Shipping || Peter Zeihan" video.

  1. Hey, Peter, you should read this book I found. Something about the end of the world and the economy. Very prophetic. All kidding aside, I just started reading an article in the Wall Street Journal about just this topic. The title is "On the High Seas, a Pillar of Global Trade Is Under Attack". So, far I have not seen a reference to your books in it, but it sounds like a Peter Zeihan piece. Did they contact you about it? The question is, and always has been, who will pay for the freedom of navigation we take as a given. The CEO of the Port of Antwerp-Bruges at least asked that question. Almost no one else does. If you follow the people who follow shipping on YouTube and other sources (yes, one must use other sources) then the freedom of the seas is just a given and they react from that vantage point. If we are going to "police" the seas, then we need a police force. Regular police forces in the US actually adhere to standards for size of the force based on population and other factors. It is a fairly well researched field, and in many jurisdictions, there are statutory requirements on the size. This in turn is a major factor in setting the cost. In the naval realm, the US Navy has lots of research on this topic as well. The number of destroyers (the cops) that you routinely point to is not something you made up (I assume). Policing the seas has been the responsibility of the US Navy and allies, although as you point out, they are limited. As with any police force, you have to pay for it. That means taxes. Who do we tax? If the answer is just the American people, I think you know what the answer will be. This issue is critical. For a historical example, one has to understand that the British would have given up their empire anyway, primarily because of the cost. It is not just cost, really, but the cost benefit ratio. Maintaining an empire is expensive. When what that empire provides is no longer providing enough benefit, it ceases to be viable. Having the conversation about what we are doing is something you have long advocated. We have never it, and as you like to point out the last US president who wanted to have it left office over 30 years ago. That conversation is much more complex than who pays for the ships.
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