2024:05 Protecting Global Trade - the Economics of the Houthi Problem

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 16 January 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

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.

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