EPISODE · Jan 16, 2024 · 36 MIN
2024:05 Protecting Global Trade - the Economics of the Houthi Problem
from The David McWilliams Podcast
The Houthis - who are they? And why are the US and UK bombing them? What has it got to do with your world? America is keeping shipping routes open and that's exactly what the Houthis seek to destroy. The Houthis occupy one of the maritime world's most sensitive trading chokepoints, and they understand this. 90% of the world's traded goods are shipped by sea: stop shipping and you stop the global economy. This week we talk about all this and the impact on Europe. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The Houthis - who are they? And why are the US and UK bombing them? What has it got to do with your world? America is keeping shipping routes open and that's exactly what the Houthis seek to destroy. The Houthis occupy one of the maritime world's most sensitive trading chokepoints, and they understand this. 90% of the world's traded goods are shipped by sea: stop shipping and you stop the global economy. This week we talk about all this and the impact on Europe. Hosted on Acast. See acast.com/privacy for more information.
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2024:05 Protecting Global Trade - the Economics of the Houthi Problem
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