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Posted on 3/10/26 at 5:27 am to SlowFlowPro
Now you are giving it a good old fashioned SFP.
Posted on 3/10/26 at 5:40 am to Wolfhound45
Notice how once the US decided to underwrite for these shippers suddenly the UK decided they wanted to send their Navy in to help and Trump told them to get lost. The US just pushed them out of the game. SFP is frickin retarded.
Posted on 3/10/26 at 5:45 am to theballguy
Instead of pushing back and fighting for their lives, the British government has decided to meekly lay down and die without a struggle.
Unconscionable.
Unconscionable.
Posted on 3/10/26 at 5:57 am to SlowFlowPro
quote:
Basically subsidized their potential losses. They get to pocket all the premium profits
What? That’s not what is happening. Lloyds raised premiums to unheard of prices, if they would even insure vessels, and Trump stepped in so that Lloyd’s would be cut out of the picture. They aren’t pocketing premiums because of it. They got replaced.
Posted on 3/10/26 at 5:59 am to Ailsa
I logged in just so I could upvote this.
Well played Trump. Let’s crowd Lloyd’s out of the shipping insurance market for good. Will make it easier to eliminate income taxes.
Well played Trump. Let’s crowd Lloyd’s out of the shipping insurance market for good. Will make it easier to eliminate income taxes.
This post was edited on 3/10/26 at 6:00 am
Posted on 3/10/26 at 7:11 am to SlowFlowPro
quote:
Notice you can't respond to the actual point
Please tell me you know something about the insurance industry because that actually is the world I live in, including Lloyds contracts.
For a very short answer, Lloyds would never have had to pay for any losses once the bombing started. It is in every single contract. All the US is doing is keeping the oil flowing for a fairly short distance until the contract kicks in again.
Did the US take on risk...absolutely, does it change anything? Yes it keeps the oil flowing so prices go from 120 to 80. Pretty big deal for everyone including China. Makes our global perspecitve on the world stage a bit better as well.
Posted on 3/10/26 at 7:14 am to dafif
quote:
Please tell me you know something about the insurance industry because that actually is the world I live in, including Lloyds contracts.
For a very short answer, Lloyds would never have had to pay for any losses once the bombing started. It is in every single contract. All the US is doing is keeping the oil flowing for a fairly short distance until the contract kicks in again.
Did the US take on risk...absolutely, does it change anything? Yes it keeps the oil flowing so prices go from 120 to 80. Pretty big deal for everyone including China. Makes our global perspecitve on the world stage a bit better as well.
A little piece of advice. Do not engage with this turd as he will not honestly engage with you. He is the most TDS addled, narcissistic person on this board, if he isn't a bot. No likes, dislikes, quotes, replies. Nothing. Just ignore.
Posted on 3/10/26 at 7:23 am to deathvalleytiger10
quote:
Lloyds raised premiums to unheard of prices, if they would even insure vessels, and Trump stepped in so that Lloyd’s would be cut out of the picture.
How long will they be cut out, is the question
This silly theory presupposes a long time (forever?) to work.
If this is just a short term policy (which it is) their theory goes up in flames. Lloyds will be back doing whatever CT stuff they theorize as soon as this is over. No American replacement or takeover. We are doing them a favor, not replacing them.
Posted on 3/10/26 at 7:25 am to dafif
quote:
For a very short answer, Lloyds would never have had to pay for any losses once the bombing started. It is in every single contract. All the US is doing is keeping the oil flowing for a fairly short distance until the contract kicks in again.
You also just disproved the Promethean scholars.
quote:
Did the US take on risk...absolutely, does it change anything? Yes it keeps the oil flowing so prices go from 120 to 80.
For the short term
Again, debunking the OP
Posted on 3/10/26 at 7:32 am to G2160
quote:
No, you, the “libertarian”, clearly don’t understand how tired and predictable your schtick is.
Why did you jump into a thread where I made no criticism of Trump's policies and try to claim I was criticizing Trump's policies?
Posted on 3/10/26 at 7:33 am to yakster
quote:
Oh yes I do know. Here’s the issue with you. Anybody that disagrees with you is wrong. Per you.
Why did you jump into a thread where I made no criticism of Trump's policies and try to claim I was criticizing Trump's policies?
Posted on 3/10/26 at 7:38 am to SlowFlowPro
The Panicans are screaming about oil prices and Trump. Trump did something about them.
Simple as that.
Simple as that.
Posted on 3/10/26 at 7:43 am to Ailsa
These ladies just popped up out of nowhere after Trump started Covering up the Epstein files.
Posted on 3/10/26 at 7:47 am to antibarner
quote:
The Panicans are screaming about oil prices and Trump. Trump did something about them.
Simple as that.
You're also, effectively, disagreeing with OP. Just FWIW.
Posted on 3/10/26 at 7:48 am to 4quartaBamaball
quote:
These ladies just popped up out of nowhere after Trump started Covering up the Epstein files.
It is insane to me how they've been around for years and somehow just randomly become starlets of the MAGA dishonesty content machine.
Their marketing the past 2-3 months has been insane.
Posted on 3/10/26 at 7:56 am to SlowFlowPro
First you make a claim that Lloyds was taking premiums, which was false.
Now, you move the goalposts and claim if this isn't long term, it's a failure.
All the while missing the big picture.
The UK thought they could throw their weight around and control the situation. Trump showed they are not really needed.
Now, you move the goalposts and claim if this isn't long term, it's a failure.
All the while missing the big picture.
The UK thought they could throw their weight around and control the situation. Trump showed they are not really needed.
Posted on 3/10/26 at 7:57 am to Ailsa
quote:
It’s not Iran’s ships that keep the Strait of Hormuz closed, it’s a highly modern asymmetric arsenal of UUVs, USVs, UAVs, anti-ship missiles, and fast boats armed with missiles.
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 3/10/26 at 8:02 am to SlowFlowPro
quote:SFP take on all things Trump, in a nut shell
Well it's just pointing out how, even if they're right, they're still ultimately wrong
Posted on 3/10/26 at 8:04 am to deathvalleytiger10
quote:
Now, you move the goalposts and claim if this isn't long term, it's a failure.
Wait what? The Trump policy? No
Their theory becomes a failure.
quote:
The UK thought they could throw their weight around and control the situation
How?
By a private insurance company responding to market realities?
quote:
Trump showed they are not really needed.
He gave a short term public policy responding to the negative externalities his war created that was impacting the aforementioned private markets. It's not a bad policy given the impacts of the war, but it's not replacing Lloyds in any way
This kept them in a stronger position by not having to take on the risks of these wonky war markets, which was the point of the policy. It in no way changes the paradigms as the old ladies propose.
It's a (hopefully) short term policy to deal with (hopefully) short term impacts on the market caused by this war. When the war is over things go back to normal.
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