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jacquesm01/03/20263 repliesview on HN

In your world everybody will be at war with each other. The way to deal with the risk of foreign nationalization of your assets is to price it in or to forego the opportunity. Expecting your country to go to war for your private interests is ridiculous. You can go to court if you want and if you lose you'll have to take your lumps.

1898 is a while ago (the Banana wars).


Replies

solenoid093701/03/2026

No, people won't be at war with each other because the cost and the likelihood of war will play a role in the decision on whether to enter war or not.

In this case, the administration (correctly!) assessed that there was virtually no cost or risk (albeit, a very high profit.)

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lurk201/03/2026

> Expecting your country to go to war for your private interests is ridiculous.

At the risk of coming across as flippant: Why? I don’t think the math has worked out on most peer conflicts during the past hundred years. The cost of the operation has likely already exceeded the value of whatever infrastructure was left in Venezuela to be reclaimed. But why should we expect courts and bailiffs to enforce the law domestically and not expect soldiers to enforce it internationally?

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thegrimmest01/03/2026

What if military intervention was an explicit part of the investment agreement in the first place? I’m not saying it was, but would it affect your judgement?